Does anyone here in BigLaw have a margin account and day trade? It’s easy to meet the minimum $25k amount with margin (particularly on BigLaw salary). Assuming you’re not trading restricted stocks, seems like a nice way to earn some extra income, along with crypto. Plus would be nice to retire early and not have to eat sh*t forever in BigLaw.

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Yes margin account, no day trading. If you can get reliable extra income from it then soon enough you won’t need to work biglaw hours...

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Never heard of those, but interested - do you mind elaborating?

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Seriously, everyone thinks they’re gonna get rich day trading. 🙄 Good luck!

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But you also cant exit positions if a ticker goes onto a restricted list....no?

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Ive never worked at a firm that didn't require pre-clearance, and it could take days to get it.

Tried it for a bit but gave up on it due to opportunity cost. Made a mint in crypto after getting into it in 2016. Looking for long term gain though, so haven’t sold anything except dogecoin

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