Great thanks!
by the way - does Forex fall under the category of "Pattern Day
Trader" or considered to be like futures?


On Dec 11, 3:40 am, ShaggsTheStud <[email protected]> wrote:
> Yes, just $10k.
>
> the $25k is the minimum required amount by the SEC for people who exibit the
> behavior of a "Pattern Day Trader"  (google that), of stocks or options (but
> not futures, I believe, which is the main instrument traded by people using
> JBT).
>
> If you are forward testing, you are not trading at all, so the SEC doesn't
> care about you.
>
>
>
>
>
>
>
> On Fri, Dec 10, 2010 at 12:37 PM, David <[email protected]> wrote:
> > Hi,
> > I'm quite new here, I hope I ask the right questions..
>
> > I followed couple message of those who already trade JBT + IB.
>
> > Are those people consider to be "day trader" and funded their account
> > with 25K $ ?(http://www.interactivebrokers.com/en/p.php?
> > f=margin&p=dt&ib_entity=llc)
>
> > My main goal as for now is only using the forward test functionality
> > and record data to use for back tests - in that case I need to fund
> > only 10K ? (http://www.interactivebrokers.com/en/p.php?
> > f=minimumDeposits)
>
> > I know maybe I should ask IB but I got the feeling they are not so
> > responsive and maybe you guys already at that point...
>
> > Thanks!
>
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