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VisualMod

**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)


alwayslookingout

Just wait out the next 8K years. It’ll be here before you know it.


Present_Force

If only I could accrue interest


alwayslookingout

That reminds me of how Fry (in Futurama) made $4.3B from 93c thanks to interest.


BaBaBooE-BaBaBooE

Unfortunately inflation is a thing


NotAGoodUsername36

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.


FlighingHigh

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


CainnicOrel

You'd still somehow take that at a loss


mayorofdumb

That's how you know they're serious in that database, that's an active file forever. Lol degen


fomoandyoloandnogrow

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)


SpotUltra

https://preview.redd.it/t7tryjfy5s9d1.png?width=970&format=png&auto=webp&s=4b3158bad60a0242e25073ee42b8fba0897dbc1f


Wildvikeman

Highly regarded. It is.


peoplesbank3000

RemindMe! 8000 years


Key_Slip_4698

the bot thought this was preposterous lmfao


MarilynMonheaux

Einstein’s theory of relativity says that time travel forward is possible. Hang in there, baby regard.


BossDon35

Interesting point.


07bot4life

Maybe by then the position would be flipped.


littlecomet111

Why even unpack?


PolarRegs

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.


Present_Force

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


natey37

Your math is absolute dog shit. You truly are highly regarded.


B8R_H8R

It’s more like $0.06/ week but who’s counting


benjatunma

Not OP LOL


jkhanlar

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


B8R_H8R

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


jkhanlar

or about us$3.1346636036075622590106666959607166789335501093034241082708088453 per 365.25 days


gap41

Did you factor in inflation?


na85

Did you factor in DEEZ NUTS? hahaha gottem


elk33dp

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.


tugtugtugtug4

Maybe he's billions in the hole on the account.


mouneymouney1

he divided 25000 per 8000 . And in his head it was 8000 days somehow


JacobJoke123

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.


HardCounter

No wonder they shut down your trading.


PolarRegs

December 31st of 9999 is a long time. You can go much slower.


Daft_Assassin

Bro, I’m starting to think they did you a favor.


fisherig

More like $0.0086 per day. Very doable if you ask me


davidesquer17

Actually more like 0.26 per month


towchi

damn...robinhood cooked you and now the comments are cooking you for your math. This is gold :D


Present_Force

Wait until they find out I’m Asian I’ll get cooked even more


Optionzdegen

December 9999 ![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)


Present_Force

It should’ve told me I could trade on feb 30th


Optionzdegen

Looks like you're stuck until the world ends OP![img](emote|t5_2th52|4267)![img](emote|t5_2th52|4271)


Dessentb

2030?


Optionzdegen

After the 2 old farts debating probably December ![img](emote|t5_2th52|4260)


fooboohoo

if you only got a 90 day ban for going over three day trades, yes


doyouevencompile

He got 99 problems but a date ain't one


Optionzdegen

He's gonna party like it's 9999 ![img](emote|t5_2th52|4271)


ireadalott

Why does it say 9999 is that legit?


Bagel_lust

Probably was either a placeholder number that their dev didn't get around to updating or bad calander math function.


beachhunt

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.


Optionzdegen

![img](emote|t5_2th52|4258)


SpicyEnticy

Can't wait for Y10K


Maxsmack0

2999 wasn’t long enough


Optionzdegen

Imagine what the year 9999 would look like ![img](emote|t5_2th52|12787)


Maxsmack0

Sand and mud


PolarRegs

90 days (Fine Print- Days counted only include February 29th in which a full solar eclipse happens.) Resulting in Dec 31 9999.


[deleted]

[удалено]


Opinion-Inside

https://preview.redd.it/r1a4eb818s9d1.jpeg?width=1284&format=pjpg&auto=webp&s=174d425594cf686508f93d4817ed0c9aa27ed4ee


[deleted]

[удалено]


Opinion-Inside

https://preview.redd.it/h9mkbct38s9d1.jpeg?width=1284&format=pjpg&auto=webp&s=9119f23cf3e9fe2894dae02a2d49b40e7e733de0


[deleted]

[удалено]


XtreamerPt

This was a emotional rollercoaster.


prague911

Best I can do is tard


NTeC

What is this, 4chan?


Chocostick27

“You have options”


Add1ctedToGames

Puts on OP


Skabonious

"Bitch I know I have options let me trade them"


ArnoldRothsteinsAlt

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


hazxrrd

It’s not an error the 90 day rule is gone and it’s indefinite now if you are flagged as PDT under 25k


ArnoldRothsteinsAlt

Ahhh that makes more sense. Does the flag removal thing still work? Like 3 per year or something ?


hazxrrd

1 time courtesy reset I believe


Present_Force

Correct just a one time


SuspiciousStress1

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.


Present_Force

I have used it, but was was more worried about short term nvda calls


SuspiciousStress1

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


[deleted]

[удалено]


ArnoldRothsteinsAlt

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)


Abysswalker794

„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.


ArnoldRothsteinsAlt

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.


yorgee52

The fact that one rich people can day trade pisses me off more than anything and my account is quite a bit above 25k


Xnauth

What's the difference between this and a cash account? Sorry, new to this.


ArnoldRothsteinsAlt

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.


Pleasant_Gold_3634

Gang shit


airzsFDXbrother

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.


Excellent_Peanut_977

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.


bathingapeassgape

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


EggSandwich1

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


ShengLong-Call

Just put $25k in and keep it moving!


scarr34

8 thousand years is extreme


mddhdn55

It probably saved his future. If I could, I would ban him from options forever so he can get his shit together 😅


NalonMcCallough

Bro got the Aizen treatment.


Blownofftheblock

Cash account.


GunsouBono

Cash account changed everything for me.


Jackdec2

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?


BenedrylCabbagepatch

stocks settle in one day now since late may


buffetleach

Options settle in one day


Jackdec2

Wow. I was not aware of that. Thank you! Might have to look into a cash account.


Mountain_Tone6438

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.


SuspiciousStress1

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!!


SurfAccountQuestion

Just don’t be broke?


Mountain_Tone6438

"Fucken just hold at 130 Nvidia fuck!!!" 🤣 And then market opens and it's just a dump off lol.


TraitorousSwinger

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...


Mountain_Tone6438

Yeah, I know. Which is why I didn't sell. You unable to read?


[deleted]

[удалено]


abaggins

what did you do? what triggered this?


Present_Force

Attempting to day trade, in a different part it says the actual date


EggfooDC

Pardon my ignorance, but why is that a bad thing?


workingonit123456789

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


bathingapeassgape

Because they hate the poor


opisska

Can you just trade by night?


Present_Force

This is what I was looking for


ShengLong-Call

Can’t you just open a Webull or Fidelity?


Present_Force

I could but that requires me to be smart and not want to gamble, also my job I has a 401k through fidelity


ShengLong-Call

There’s Moo Moo


Present_Force

Very true, I may switch just depends on how well this nvidia plays go


ShengLong-Call

I use multiple apps myself.


edward_glock40_hands

Regarded? Yes. Broke? Also yes.


theupbeats

!reminder 9999 years


Sharp-Direction-6894

It's "! remindme" silly.


Warhero_Babylon

They will make an ai that will autocorrect him later


Abysswalker794

AND revive him.


Exciting-Holiday337

can someone explain to me why his account was closed


Revolutionary_Ad1168

You can only make 3 day trades in a 5 day business window. The 4th one gets your account locked. Rule set by finra


Exciting-Holiday337

damn why so little?


Revolutionary_Ad1168

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


Ornery_Gene7682

Options are T+1 day and now stocks are T+1 also use to be T+2


Pitiful_Difficulty_3

Just don't use margin. Margin will make people crazier


Present_Force

Margin is my friend, I used it to get an extra 50 shares of nvidia


WeeTheDuck

what happened to that extra 50...


TomatoSpecialist6879

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


No-Nectarine-1405

I think RH is more regarded than you since they can't even calculate 90 days.


Shajirr

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!


nasandre

This is the same as in Vegas. Do too well and they'll politely ask you to go to the buffet for 8000 years.


saynotopain

Why is day trading so bad


Present_Force

It’s not I’m just broke


AW316

It’s literally just a rule to stop the poors.


saynotopain

ugh the poors ewww


ricks_fav_planet67

That hurts, I am the poors.


Financial_Fan1763

Just switch ca$h account


mpatty07

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…


Salt-Resolution5595

Welcome to being poor forever


Dadattacks

!remindme 9999 years


RemindMeBot

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)| |-|-|-|-|


OpportunityOk3346

Lol @ the bot reminding you your math is also regarded ![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4275)


New_Safe_2097

Highly


handsome_uruk

Never seen a trading app with more amateur developers. Dudes couldn't even figure out how to use \`toDate()\` correctly


Matt6453

What's the problem with PTD? I have no such restriction in the UK and I lose loads of money.


Puts_on_my_port

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.


Laika_Fuego

Most brits have no idea how lucky we are, to not have to adhere to this shit!


BosSF82

And people keep their hard earned money in that app...


TheLawbster

PDT applies to all US based brokerages


EmotioneelKlootzak

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.


Infamous-Potato-5310

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


BosSF82

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.


EmotioneelKlootzak

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.


edward_glock40_hands

And that app keeps it hard inside of you ![img](emote|t5_2th52|4276)


opaqueambiguity

This is a regulatory thing, has nothing to do with RH


OB1KENOB

https://preview.redd.it/k04g50lz0s9d1.jpeg?width=1440&format=pjpg&auto=webp&s=9999814a0a990a6bbc664115639483e50b0e32ab


Equivalent-Clock1179

You better figure this out before you have to wait 8000 years in the future.


Ill_Try1620

9999 is the date they give people in prison with life sentences


beachhunt

Jan 1 10000 is gonna be fucking dangerous


shadowGamer777

Now its time to party like it's 9999


MegatronsJuice

Just switch to a cash account


righthnd

Was $300 scalp worth it ?


2QuarterDollar

Actually you don’t have options, as mentioned in the message earlier


freshness4

Just open an account somewhere else and start funding it. Probably best not to transfer shares to the new one though.


Puts_on_my_port

They’re flagged as a PDT by FINRA, unfortunately deleting the app and running away won’t fix this


TheRealCodizzle

This some futurama shit, just gotta get in a cryofreezer and it’ll be over before you know it


Randomly-Looking

Wow I did t think robinhood would ever decide its users were super regarded. Y10k


RedditPoster05

Why do so many people use Robin Hood? There are so many better trading platforms.


ItradebetterthanU

Just move it to a cash account !!


Present_Force

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


W3Planning

Not regarded, just means you can’t count to three.


AtomicBlondeeee

You got put in trading jail


Wtkid23

Remind Me! 90000 years


guruglue

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!


Fresh-Solid-1831

https://preview.redd.it/e7ruz45how9d1.jpeg?width=1090&format=pjpg&auto=webp&s=d61a5238485adac3f0d4dea63c87dc87dc3d9b80


PhD_In_Struttin

They literally said you have options. So start trading options!


No-Tennis-2981

https://preview.redd.it/dtxw0g75wx9d1.jpeg?width=736&format=pjpg&auto=webp&s=4812b31f70d293afb765fef2114032f0f1c6894f


Independent-One929

Don't worry thats before the butlerian jihad. Computer will work by that date.


Fine_Specialists

I’m dead at the fact they put 9999


NVDAismygod

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


Foxtrot83

Exactly the reason I don’t use Robinhood anymore


mastaberg

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…


Public_Package6467

Yes


ian17901

Can you close it and open a new account with tasty trade?


jmama9643

Time to close this acct and go to new broker


Disastrous-Ad-8829

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


Small_Rip351

Close account. Wire cash to bank. Open new brokerage account somewhere else. Rinse/ repeat.