From: Vinnie StJohn
Sent: August 27, 2016
Subject: daytrader rule
Why hasn't the SEC made any allowances in teh Day Trader pattern rule?
Why is a private trader like me forced to hold a position I may not want and then get penalized by the SEC for making only THREE ROUND TRIPS in 5 days.
Yet larger traders can get in and out as the market fluctuates to every piece of data thrown at it.
The deck is stacked against the individual because of YOUR archaec law.
Individual traders need more freedom, at least 10 trades in a 5 day period is more fair than 3. LEVEL the playing field for the INDIVIDUAL, don't choke us!