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Causing Great Swings in the Market
July 18th, 2010 by admin
Nevertheless, this created lots of anxieties for the reason that these investors, with little money of their own at stake, were causing great swings in the market. As a consequence, the Securities and Exchange Commission (SEC) stated that an investor must have at least $25,000 in cash to day trade the market at any day (making three or more deals in 5 business days).
This is where the automated forex market start to become even more interesting, with start up capital as low as $250 and with a margin or buying power as high as 200:1. Consequently, there are many who view Forex as being far superior to the stock market.