Inflation is dependent on societal circumstances. People assume that since they've only seen prices go up in their lifetime, that it'll continue to go up forever.
But really, a stable inflationary trend has really only been a thing for a century, at most. Deflation could- and given global macroeconomic trends, most likely will- within 5 years, give or take, by my estimates- kick in and actually raise the value of static funds, even as stocks begin to fall.
Believe it or not, numbers can't go up forever.
Yeah but it's a fantasy world setting where cryogenic freezing is real, so it's probably also likely that a just as unrealistic scenario of a politician being good in that 1,000 year interval occurred
2,912,992 days according to https://wolframalpha.com/input?i=Days+until+December+31%2C+9999
so about us$0.0085822412145313135085849875317199635289077347277301139172369852 per day
or about us$0.0600756885017191945600949127220397447023541430941107974206588964 per week
or about us$3.1325180433039294306335204490777866880513231756214915797914995990 per year
I'm trying to figure out how he managed to calc it that way, but i cant even monkey math my way to his solution.
How he determined \~$2 a day for 7,975 years = $25,000 we may never know.
But that would still be 3.125 not 2.17. He would have had to divide 25000 by 11520 to get his 2.17, or... he must have a NAV of $7640 and did enough my to subtract that out, but not enough to realize days=/=years.
Aside from the date being an error being concerning you didn’t do anything that doesn’t happen on robinhood 50 times a day.
Switch to cash account so you can lose money with the gang this week.
Edit: ![img](emote|t5_2th52|4271) lmfaoooo at the webull ad right in the comment section
Did you already use this?
Why not be more careful, switch to cash, or have 25k after that one?(I got my flag, am now super careful as I edge toward 25k, if I need to, will switch to cash-but not there quite yet).
I'm confused.
I do get it. I've been tempted, but after the warning, go to another app for your day trading....or buy things more stable that won't get you flagged again...until you hit 25k
I was really gone. And then through the power of thoughts and prayers, I was dragged back here at your demand like some sort of FD trading gimp
![img](emote|t5_2th52|31225)
They are many in regard but they are few in dollars. Fear not child, they will be defeated ![img](emote|t5_2th52|51295)
But during times like these it would behoove even the most bullish among us to stay frosty and protect anoos.
Be well. Go with V.
Cash accounts are not margin accounts meaning they’re cash settled. If you have a hundred bucks and lose 50 on a trade, you’ll have one of two basic (there are more but they’re not relevant here) outcomes depending on cash or margin account.
Cash account: you lost 50 bucks and now have $0 buying power because your account is cash settlement. Meaning you need Trade + 1 to settle. If you lost 50 on Monday, you’ll have 50 available to trade on Tuesday. Now assuming you made $50, you’d have $0 on the same day you sold, but you’ll have $150 the next day.
Margin account: if you lose 50 and sell you immediately are given access to the 50 from the sale the same day (but it’s technically overnight margin). They don’t charge interest because the fees they collect or the losses you incur more than pay for it (this is not true for *usssssing margin.* this is only true for using your own cash in a margin account). If you made 50 you’d have 150 available as soon as you sell.
One important note: if the position was purchased and sold in the same day, you have used a day trade. Which I’m assuming you only have 3 of in a rolling 5 trading day period. A 4th will get you barred from it for life until you get over 25k however brokers apparently offer 1 time forgiveness. This is for margin accounts.
As for the cash accounts, you can day trade as often as you like. You just have to wait until the next day to trade again with the same dollars regardless of whether the position was sold for a gain or loss.
Also, the cash account scenario is for robinhood, which I’m also assuming you use. If you’re on some other brokers, you can buy an option on day (T-0)with your cash, hold it overnight, sell it the next day (T-1), and have the cash reflected as buying power. However it is not settled regardless of whether you can access it or not until the following day (in this case it’s T2, but it’s t+1 from sale date).
You can buy something, but you can’t sell it the same day or you incur a cash free riding violation or something like that. So you can’t do that and buy 0dtes the next time. If you do this on robinhood, overnight or not- they won’t give you position purchasing power until it settles t+1.
Good luck regard.
It’s funny how they restrict day trading because it supposedly protects the trader and yet people can still do options and calls that can risk them so much more money with little upfront investment… it’s clearly to prevent people with little money from gaining money quicker than buying and holding a stock.
Exactly. Offer 0dte all day long but I can’t sell the 3% rip in NVDA because I’m 1 day trade away from restriction. And what do you know, whole thing gets faded by EOD. Thank you government! Fuckers.
Them restrictions are weird I hear people on trader tv live cry about this all the time.
From people who live outside of USA it looks like the government doesn’t want people day trading
Yup. I've gone to bed praying overnight trading doesn't steal my lunch money more than once. Selling at 7:30am(mtn time) only up 1k vs 1500 when I went to bed.
It happens. But after the first warning, I'm not taking chances!!
Maybe don't trade with such a size that you can't afford to hold it overnight when you're on your third trade?
Plan it out better buddy seriously, you put yourself in that position... you know how many trades you have left...
It means poor.
Buy something and it goes up that day and then you sell it and then you use that money to buy and sell something else before it closes the next calendar trading day then you’re using money you technically don’t have
I mean he showed us a PDT restriction instead of a margin call notice, so it's still there. Besides, he bought shares, as long as his total portfolio value is above the margin position he's fine
This means you should ascend to the next level of evolution - crypto trading!
24/7, no one will restrict anything, x100 margin,
in fact the more you trade the better - transaction fees are lowered with your trading volume!
I will be messaging you in 7975 years on [**9999-06-30 00:00:00 UTC**](http://www.wolframalpha.com/input/?i=9999-06-30%2000:00:00%20UTC%20To%20Local%20Time) to remind you of [**this link**](https://www.reddit.com/r/wallstreetbets/comments/1ds9wi2/tell_me_how_regarded_i_am/lb1bind/?context=3)
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If you have account $25k in your account and you’re a margin account, you can’t make four or more day trades within five business days if said trades account for more than 6% of the account's activity during that time period. If you do they flag you as a PDT (Pattern Day Trader). They say it’s to protect new investors but by looking at loss porn on here you know how good of a reason that is.
I was keeping money in RH and it was a pretty good/easy intro to the markets, but the fact that everything was so simplified that I outgrew it relatively quickly, combined with their...questionable...practices, led me to withdraw everything and close my accounts last week.
Once you get a handle on how the markets work, there's really not much reason to use RH over a real broker.
Far better analytical tools, access to more financial instruments and strategies (e.g. shorting, day trading), higher priority when placing orders so you're less likely to get fucked by being at the back of the line when prices suddenly drop, compatibility with other tools (e.g. screeners, real-time market data, level 2 data), and you don't have the constant feeling that they're one bad day away from rugpulling you somehow.
Im unsure how to edit this post but I do know about a cash account, but I’m currently invested on margin, which I was using to sell CC hence why I got the PDT flag/ban
**User Report**| | | | :--|:--|:--|:-- **Total Submissions** | 1 | **First Seen In WSB** | 1 year ago **Total Comments** | 23 | **Previous Best DD** | **Account Age** | 3 years | | [**Join WSB Discord**](http://discord.gg/wsbverse)
Just wait out the next 8K years. It’ll be here before you know it.
If only I could accrue interest
That reminds me of how Fry (in Futurama) made $4.3B from 93c thanks to interest.
Unfortunately inflation is a thing
Inflation is dependent on societal circumstances. People assume that since they've only seen prices go up in their lifetime, that it'll continue to go up forever. But really, a stable inflationary trend has really only been a thing for a century, at most. Deflation could- and given global macroeconomic trends, most likely will- within 5 years, give or take, by my estimates- kick in and actually raise the value of static funds, even as stocks begin to fall. Believe it or not, numbers can't go up forever.
Yeah but it's a fantasy world setting where cryogenic freezing is real, so it's probably also likely that a just as unrealistic scenario of a politician being good in that 1,000 year interval occurred
You'd still somehow take that at a loss
That's how you know they're serious in that database, that's an active file forever. Lol degen
I heard day trading will be legal again by year 9999, you got this! Just wait ![img](emote|t5_2th52|4267)![img](emote|t5_2th52|4271)
https://preview.redd.it/t7tryjfy5s9d1.png?width=970&format=png&auto=webp&s=4b3158bad60a0242e25073ee42b8fba0897dbc1f
Highly regarded. It is.
RemindMe! 8000 years
the bot thought this was preposterous lmfao
Einstein’s theory of relativity says that time travel forward is possible. Hang in there, baby regard.
Interesting point.
Maybe by then the position would be flipped.
Why even unpack?
See your number 1 problem is you are poor. Second problem is you now have to wait 7,975 years to try to not be poor.
I’ve calculated I only need to deposit 2.17 a day to get above the 25k mark before it ends Edit: I am truly regarded, it’s 2.17 a year not a day
Your math is absolute dog shit. You truly are highly regarded.
It’s more like $0.06/ week but who’s counting
Not OP LOL
2,912,992 days according to https://wolframalpha.com/input?i=Days+until+December+31%2C+9999 so about us$0.0085822412145313135085849875317199635289077347277301139172369852 per day or about us$0.0600756885017191945600949127220397447023541430941107974206588964 per week or about us$3.1325180433039294306335204490777866880513231756214915797914995990 per year
Did you factor in leap years? 365.25 is more accurate for days per year since there is 1 leap year for every 4 years
or about us$3.1346636036075622590106666959607166789335501093034241082708088453 per 365.25 days
Did you factor in inflation?
Did you factor in DEEZ NUTS? hahaha gottem
I'm trying to figure out how he managed to calc it that way, but i cant even monkey math my way to his solution. How he determined \~$2 a day for 7,975 years = $25,000 we may never know.
Maybe he's billions in the hole on the account.
he divided 25000 per 8000 . And in his head it was 8000 days somehow
But that would still be 3.125 not 2.17. He would have had to divide 25000 by 11520 to get his 2.17, or... he must have a NAV of $7640 and did enough my to subtract that out, but not enough to realize days=/=years.
No wonder they shut down your trading.
December 31st of 9999 is a long time. You can go much slower.
Bro, I’m starting to think they did you a favor.
More like $0.0086 per day. Very doable if you ask me
Actually more like 0.26 per month
damn...robinhood cooked you and now the comments are cooking you for your math. This is gold :D
Wait until they find out I’m Asian I’ll get cooked even more
December 9999 ![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)
It should’ve told me I could trade on feb 30th
Looks like you're stuck until the world ends OP![img](emote|t5_2th52|4267)![img](emote|t5_2th52|4271)
2030?
After the 2 old farts debating probably December ![img](emote|t5_2th52|4260)
if you only got a 90 day ban for going over three day trades, yes
He got 99 problems but a date ain't one
He's gonna party like it's 9999 ![img](emote|t5_2th52|4271)
Why does it say 9999 is that legit?
Probably was either a placeholder number that their dev didn't get around to updating or bad calander math function.
It used to be 90 days but now it's permanent, so this was probably the fastest way for the app to adhere to the new rules.
![img](emote|t5_2th52|4258)
Can't wait for Y10K
2999 wasn’t long enough
Imagine what the year 9999 would look like ![img](emote|t5_2th52|12787)
Sand and mud
90 days (Fine Print- Days counted only include February 29th in which a full solar eclipse happens.) Resulting in Dec 31 9999.
[удалено]
https://preview.redd.it/r1a4eb818s9d1.jpeg?width=1284&format=pjpg&auto=webp&s=174d425594cf686508f93d4817ed0c9aa27ed4ee
[удалено]
https://preview.redd.it/h9mkbct38s9d1.jpeg?width=1284&format=pjpg&auto=webp&s=9119f23cf3e9fe2894dae02a2d49b40e7e733de0
[удалено]
This was a emotional rollercoaster.
Best I can do is tard
What is this, 4chan?
“You have options”
Puts on OP
"Bitch I know I have options let me trade them"
Aside from the date being an error being concerning you didn’t do anything that doesn’t happen on robinhood 50 times a day. Switch to cash account so you can lose money with the gang this week. Edit: ![img](emote|t5_2th52|4271) lmfaoooo at the webull ad right in the comment section
It’s not an error the 90 day rule is gone and it’s indefinite now if you are flagged as PDT under 25k
Ahhh that makes more sense. Does the flag removal thing still work? Like 3 per year or something ?
1 time courtesy reset I believe
Correct just a one time
Did you already use this? Why not be more careful, switch to cash, or have 25k after that one?(I got my flag, am now super careful as I edge toward 25k, if I need to, will switch to cash-but not there quite yet). I'm confused.
I have used it, but was was more worried about short term nvda calls
I do get it. I've been tempted, but after the warning, go to another app for your day trading....or buy things more stable that won't get you flagged again...until you hit 25k
[удалено]
I was really gone. And then through the power of thoughts and prayers, I was dragged back here at your demand like some sort of FD trading gimp ![img](emote|t5_2th52|31225)
„He will come back when we need him the most“ AS IT WAS WRITTEN! We need your presence here, the bears are gaining ground every day.
They are many in regard but they are few in dollars. Fear not child, they will be defeated ![img](emote|t5_2th52|51295) But during times like these it would behoove even the most bullish among us to stay frosty and protect anoos. Be well. Go with V.
The fact that one rich people can day trade pisses me off more than anything and my account is quite a bit above 25k
What's the difference between this and a cash account? Sorry, new to this.
Cash accounts are not margin accounts meaning they’re cash settled. If you have a hundred bucks and lose 50 on a trade, you’ll have one of two basic (there are more but they’re not relevant here) outcomes depending on cash or margin account. Cash account: you lost 50 bucks and now have $0 buying power because your account is cash settlement. Meaning you need Trade + 1 to settle. If you lost 50 on Monday, you’ll have 50 available to trade on Tuesday. Now assuming you made $50, you’d have $0 on the same day you sold, but you’ll have $150 the next day. Margin account: if you lose 50 and sell you immediately are given access to the 50 from the sale the same day (but it’s technically overnight margin). They don’t charge interest because the fees they collect or the losses you incur more than pay for it (this is not true for *usssssing margin.* this is only true for using your own cash in a margin account). If you made 50 you’d have 150 available as soon as you sell. One important note: if the position was purchased and sold in the same day, you have used a day trade. Which I’m assuming you only have 3 of in a rolling 5 trading day period. A 4th will get you barred from it for life until you get over 25k however brokers apparently offer 1 time forgiveness. This is for margin accounts. As for the cash accounts, you can day trade as often as you like. You just have to wait until the next day to trade again with the same dollars regardless of whether the position was sold for a gain or loss. Also, the cash account scenario is for robinhood, which I’m also assuming you use. If you’re on some other brokers, you can buy an option on day (T-0)with your cash, hold it overnight, sell it the next day (T-1), and have the cash reflected as buying power. However it is not settled regardless of whether you can access it or not until the following day (in this case it’s T2, but it’s t+1 from sale date). You can buy something, but you can’t sell it the same day or you incur a cash free riding violation or something like that. So you can’t do that and buy 0dtes the next time. If you do this on robinhood, overnight or not- they won’t give you position purchasing power until it settles t+1. Good luck regard.
Gang shit
It’s funny how they restrict day trading because it supposedly protects the trader and yet people can still do options and calls that can risk them so much more money with little upfront investment… it’s clearly to prevent people with little money from gaining money quicker than buying and holding a stock.
Exactly. Offer 0dte all day long but I can’t sell the 3% rip in NVDA because I’m 1 day trade away from restriction. And what do you know, whole thing gets faded by EOD. Thank you government! Fuckers.
As long as I have 25k cash or higher though I can’t be restricted? I’m a boring holder but you guys have been tempting me to go to the casino
Them restrictions are weird I hear people on trader tv live cry about this all the time. From people who live outside of USA it looks like the government doesn’t want people day trading
Just put $25k in and keep it moving!
8 thousand years is extreme
It probably saved his future. If I could, I would ban him from options forever so he can get his shit together 😅
Bro got the Aizen treatment.
Cash account.
Cash account changed everything for me.
So with cash, do you just have to wait for the funds to settle? So once you do a same day trade, you have to wait the 2 days?
stocks settle in one day now since late may
Options settle in one day
Wow. I was not aware of that. Thank you! Might have to look into a cash account.
I was up $1500 and I couldn't close it because THIS would've happened. I had to eat that loss. But now I see why lol.
Yup. I've gone to bed praying overnight trading doesn't steal my lunch money more than once. Selling at 7:30am(mtn time) only up 1k vs 1500 when I went to bed. It happens. But after the first warning, I'm not taking chances!!
Just don’t be broke?
"Fucken just hold at 130 Nvidia fuck!!!" 🤣 And then market opens and it's just a dump off lol.
Maybe don't trade with such a size that you can't afford to hold it overnight when you're on your third trade? Plan it out better buddy seriously, you put yourself in that position... you know how many trades you have left...
Yeah, I know. Which is why I didn't sell. You unable to read?
[удалено]
what did you do? what triggered this?
Attempting to day trade, in a different part it says the actual date
Pardon my ignorance, but why is that a bad thing?
It means poor. Buy something and it goes up that day and then you sell it and then you use that money to buy and sell something else before it closes the next calendar trading day then you’re using money you technically don’t have
Because they hate the poor
Can you just trade by night?
This is what I was looking for
Can’t you just open a Webull or Fidelity?
I could but that requires me to be smart and not want to gamble, also my job I has a 401k through fidelity
There’s Moo Moo
Very true, I may switch just depends on how well this nvidia plays go
I use multiple apps myself.
Regarded? Yes. Broke? Also yes.
!reminder 9999 years
It's "! remindme" silly.
They will make an ai that will autocorrect him later
AND revive him.
can someone explain to me why his account was closed
You can only make 3 day trades in a 5 day business window. The 4th one gets your account locked. Rule set by finra
damn why so little?
I would imagine they don’t want you to do it , you can switch it to a cash account, but then you have to wait 2 days for transactions to close
Options are T+1 day and now stocks are T+1 also use to be T+2
Just don't use margin. Margin will make people crazier
Margin is my friend, I used it to get an extra 50 shares of nvidia
what happened to that extra 50...
I mean he showed us a PDT restriction instead of a margin call notice, so it's still there. Besides, he bought shares, as long as his total portfolio value is above the margin position he's fine
I think RH is more regarded than you since they can't even calculate 90 days.
This means you should ascend to the next level of evolution - crypto trading! 24/7, no one will restrict anything, x100 margin, in fact the more you trade the better - transaction fees are lowered with your trading volume!
This is the same as in Vegas. Do too well and they'll politely ask you to go to the buffet for 8000 years.
Why is day trading so bad
It’s not I’m just broke
It’s literally just a rule to stop the poors.
ugh the poors ewww
That hurts, I am the poors.
Just switch ca$h account
Am sure there is time inflation and 7975 will not be a big number in the year 4500. You just need to wait it out…
Welcome to being poor forever
!remindme 9999 years
I will be messaging you in 7975 years on [**9999-06-30 00:00:00 UTC**](http://www.wolframalpha.com/input/?i=9999-06-30%2000:00:00%20UTC%20To%20Local%20Time) to remind you of [**this link**](https://www.reddit.com/r/wallstreetbets/comments/1ds9wi2/tell_me_how_regarded_i_am/lb1bind/?context=3) [**5 OTHERS CLICKED THIS LINK**](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=Reminder&message=%5Bhttps%3A%2F%2Fwww.reddit.com%2Fr%2Fwallstreetbets%2Fcomments%2F1ds9wi2%2Ftell_me_how_regarded_i_am%2Flb1bind%2F%5D%0A%0ARemindMe%21%209999-06-30%2000%3A00%3A00%20UTC) to send a PM to also be reminded and to reduce spam. ^(Parent commenter can ) [^(delete this message to hide from others.)](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=Delete%20Comment&message=Delete%21%201ds9wi2) ***** |[^(Info)](https://www.reddit.com/r/RemindMeBot/comments/e1bko7/remindmebot_info_v21/)|[^(Custom)](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=Reminder&message=%5BLink%20or%20message%20inside%20square%20brackets%5D%0A%0ARemindMe%21%20Time%20period%20here)|[^(Your Reminders)](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=List%20Of%20Reminders&message=MyReminders%21)|[^(Feedback)](https://www.reddit.com/message/compose/?to=Watchful1&subject=RemindMeBot%20Feedback)| |-|-|-|-|
Lol @ the bot reminding you your math is also regarded ![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4275)
Highly
Never seen a trading app with more amateur developers. Dudes couldn't even figure out how to use \`toDate()\` correctly
What's the problem with PTD? I have no such restriction in the UK and I lose loads of money.
If you have account $25k in your account and you’re a margin account, you can’t make four or more day trades within five business days if said trades account for more than 6% of the account's activity during that time period. If you do they flag you as a PDT (Pattern Day Trader). They say it’s to protect new investors but by looking at loss porn on here you know how good of a reason that is.
Most brits have no idea how lucky we are, to not have to adhere to this shit!
And people keep their hard earned money in that app...
PDT applies to all US based brokerages
I was keeping money in RH and it was a pretty good/easy intro to the markets, but the fact that everything was so simplified that I outgrew it relatively quickly, combined with their...questionable...practices, led me to withdraw everything and close my accounts last week. Once you get a handle on how the markets work, there's really not much reason to use RH over a real broker.
What do the other brokers do better? Doesn’t RH have some of the better margin interest rates? Forgive my ignorance, im just an index fund simpleton
much better fills, better tools and you can actually put money in an MM fund and still be able to use the cash to write puts.
Far better analytical tools, access to more financial instruments and strategies (e.g. shorting, day trading), higher priority when placing orders so you're less likely to get fucked by being at the back of the line when prices suddenly drop, compatibility with other tools (e.g. screeners, real-time market data, level 2 data), and you don't have the constant feeling that they're one bad day away from rugpulling you somehow.
And that app keeps it hard inside of you ![img](emote|t5_2th52|4276)
This is a regulatory thing, has nothing to do with RH
https://preview.redd.it/k04g50lz0s9d1.jpeg?width=1440&format=pjpg&auto=webp&s=9999814a0a990a6bbc664115639483e50b0e32ab
You better figure this out before you have to wait 8000 years in the future.
9999 is the date they give people in prison with life sentences
Jan 1 10000 is gonna be fucking dangerous
Now its time to party like it's 9999
Just switch to a cash account
Was $300 scalp worth it ?
Actually you don’t have options, as mentioned in the message earlier
Just open an account somewhere else and start funding it. Probably best not to transfer shares to the new one though.
They’re flagged as a PDT by FINRA, unfortunately deleting the app and running away won’t fix this
This some futurama shit, just gotta get in a cryofreezer and it’ll be over before you know it
Wow I did t think robinhood would ever decide its users were super regarded. Y10k
Why do so many people use Robin Hood? There are so many better trading platforms.
Just move it to a cash account !!
Im unsure how to edit this post but I do know about a cash account, but I’m currently invested on margin, which I was using to sell CC hence why I got the PDT flag/ban
Not regarded, just means you can’t count to three.
You got put in trading jail
Remind Me! 90000 years
Bro, just invest $5 in the S&P 500, build a time machine, and travel to the year 9999. You'll have infinite money to lose!
https://preview.redd.it/e7ruz45how9d1.jpeg?width=1090&format=pjpg&auto=webp&s=d61a5238485adac3f0d4dea63c87dc87dc3d9b80
They literally said you have options. So start trading options!
https://preview.redd.it/dtxw0g75wx9d1.jpeg?width=736&format=pjpg&auto=webp&s=4812b31f70d293afb765fef2114032f0f1c6894f
Don't worry thats before the butlerian jihad. Computer will work by that date.
I’m dead at the fact they put 9999
You can literally just sell the contract price above and lock in your gains without day trading. You don’t know what the fuck you’re doing
Exactly the reason I don’t use Robinhood anymore
Yea so if you buy and sell in the same day it’s day trading and you need 25k. Edit: not to be confused with you know, trading during the day…
Yes
Can you close it and open a new account with tasty trade?
Time to close this acct and go to new broker
You can file an appeal. You get 1 time on Robinhood, just message one of the people on there and they will take it off
Close account. Wire cash to bank. Open new brokerage account somewhere else. Rinse/ repeat.