No, I didn't increase the number of lots. I can't pinpoint the exact change, but one of the things is I changed to a higher timeframe.
Also, increasing number of lots can only be done with a larger capital and given the increase in margin, with IB you need e.g. at least 60K if you want to trade...
I'm trading the same instruments I've been trading for years NQ futures (of which the margin has increased dramatically over the years BTW). I've stopped blowing up accounts though, instead starting to withdraw money.
Thanks, interesting but long thread.
There's another thread at reddit which explains that whenever you make a trade you can see if it impacts your exposure fee. I checked it and it is displayed e.g. in the order preview window.
One of the things mentioned in the Elite thread was:
IB says...
As I said, I've been trading for over a decade, but I've never seen this. And the leverage thing is actually a good thing, since small accounts have a much higher chance of blowing up. But you need to be able to handle big accounts.
Today Interactive brokers sent me a message (see below) stating that it will start to charge exposure fee, if its proprietary algo detects that I am too risky.
When exactly am I going to be charged and when not? The number 1.76 doesn't mean anything to me. And are these fees variable or fixed...