Recent content by bongey

No that is Computer Science, Math(Masters) and Minor in Physics(Physics TA). You are flat out not understanding that since they have a 66-70% margin maintenance, you basically cannot make a purchase on margin. IE you're buying power is only 30% higher than your holdings.Also the big f u by IB...

Yep I am asshole, but an asshole that is correct. IB is a scam. "Notwithstanding such margin call, Customer acknowledges that IB, in its sole discretion, may liquidate Customer's positions at any time."...

Most of the negative comments against me are IB fanboys. Reality I made 3x the amount of money trading with crappy capital one investing than I do IB. You end up paying zero interest if you close out the position daily, so the rate really doesn't matter. I currently split my cash into to...

Idiot, since I close all my positions everyday I pay ZERO interest on ALL my margin loans. I trade in 10k-15k blocks at a time. So a .01 is 100-150 , .10 , I just made 1k, I am out, no real elite traders on here, just uneducated idiots.

Final proof read IB's TOS and their documentation for margin calculations. Moron read their TOS paragraph agreement and the documentation for margin calculations. The TOS and Margin documentation are COMPLETELY DIFFERENT. A bait-and-switch,a SCAM, case closed. Not only that I got their...

Seems IB has had issues with the exact problem I am trying to get at multiple times. http://www.reuters.com/article/us-arbitration-interactive-auto-liquidat-idUSKBN0LM23620150218 http://nypost.com/2015/04/12/incorrect-date-costs-broker-nearly-23m-in-liabilities/(funny two books basically , one...

No genius, they are falsely or stating in error on their entire website the margin requirement is the default 25% if it isn't on the Securities with Special Margin Requirements. https://ibis.interactivebrokers.com/en/index.php?f=5167&cntry=usa&tag=United States&ib_entity=llc&ln=...

You obviously aren't a pro, and no nothing about probability, so shut up please.

It might be in the future because I am moving towards a custom automated trading that will be able to do it much more quickly. I have to trade higher quantities when trading manually. So that is why I am partially conflicted. All the other brokers APIs are either windows only or have high...

Super low margin rates don't matter when you basically cannot have margin loan balance.It was killing transactions that were 4k over my cash balance. Also since I am only holding it for 15-30 minutes, it is ZERO percent at the other brokers. So the super low margin interest rate ends up being...

That happens a lot , especially in abstract algebra. One problem , base 2, next base 10, 1+1 = 0, dammit.

That happens a lot , especially in abstract algebra. One problem , base 2, next base 10, 1+1 = 0, dammit.

AMD isn't being listed on their list of special margin requirements, but a special rate is being pulled out of the butt when try to trade. https://ibis.interactivebrokers.com/en/index.php?f=5168&cntry=usa&tag=United States&ib_entity=llc&ln=

If they were clearer about this, or an idea on how they are calculating it, that would be fine. I had to contact them 3 times before someone told me what was going on. Even here AMD is not being listed on special margins requirements list...

Ahh you went to slightly better school than me, dammit(if you aren't just bs'ing). Still want to go there to go after Phd in CS. My undergrads were in CS,Math and Physics(minor). Tried doing EE too but 4 degrees at once in 4 years was too much. Funniest comment from the Math chair when I...