re: #364 Sigma_x

LOL, whine much? You are here pimping yourself and your blog/tweets as a trading advisor, basically spamming the forum and you are surprised you get a little attention? Tough luck. You are not going to find gullible people here to follow your stock tip service without some fact checking. This is LGF, not Twitter.

I will only address one of your long-winded posts.

B) You claim that I “don’t even have $25K in my account.” Question - how would you know how much money I have in my account(s)? Just curious. I have 5 different accounts, and, without divulging how much money I keep in them, I will simply say that it is a lot more than $25K. That was just a stupid thing to say, and I think anyone could see right through that one.

How do I know? Because you said so on your Blog which I quoted above in #192.

You don’t have to put much money in it to open up the account, and you can withdraw it at any time (or you can just go ahead and use it to trade with - having several accounts helps one get around the round trip rule - which is supposed to preclude you from buying and selling - and then buying again - the same stock within a 24 hr. period. But no one follows it, anyway, and it’s very rare that the SEC comes down on retail traders for violating it.
sigma-x

Those are your words, on your blog. A Day Trader only need have $25,000 in their account in order to daytrade. * The SEC believes that people whose account sizes are less than $25,000 may represent less sophisticated traders, who may be more prone to being misled by advisory brokers and/or tipping agencies. The only reason you would need “several accounts” to help you “get around” that rule is because you do not have $25,000 in any account. QED.

Stop pretending, and stop the bullshit.

In fact you admit as much ad worse:

You claim that I advise people on how to get around SEC rules. In that you’re correct. For people that aren’t listed as day traders on their taxes, there’s a little thing known as the in-and-out rule - which precludes one from selling a stock and then buying back in within a 24 hr period. I advise traders to open several accounts to get around that rule. Why should the big boys on Wall St. be free to do whatever they want, when your average joe is hampered by rules designed to cut them off at the knees. I have no regrets on that point.

So you are not only advising people to violate SEC regulations intended to protect them from people like you*, you are also advising them how to commit tax fraud as well. Obviously you “have no regrets,” because you are a con-man pimping your stock-tip agency, pure and simple.