Recent content by HappyTrader

Yes, I thought about this. But since this is something that would be rarely done, did not wish to write a script to do it. Was hoping there was some better way to do it in the program itself.

I wish to liquidate 1% of each of the positions. I understand there will be trading fees. But this is something that would be done once per year or so.

Let's say you have ~ 100 positions, with share size ranging from 10 to 10,000. And let's say you wish to liquidate 1% of your portfolio. Is there a reasonable way to do this? Presently, with 'Select All', 'Close All', 'Custom %', 1%, I get an error (since it can not do 1% of 10 positions)...

If you use a growth stock (one that will go up quickly), and write a covered call, you run into this situation: BUY XYZ @ 100 Covered Call @ 120 XYZ hits 150 You sell at 120 Profit: 120 - 100 + premium = 20$ + Premium If you had not written the covered call your profit would be: 150 - 100 =...

Yes, I believe IB also increased margin on those Chinese stocks to 100%.

I believe you have to hold the shares. The header of the notification said something about due to the fact that I have the shares ... etc. etc etc...

If I wish to do a transfer in USD I have to physically go to the bank branch to execute the wire instruction. They do not allow foreign currency transfers to be done online or through remote branches (only primary branches). Pre/Post (hopefully one day) COVID I tend to travel enough that...

I believe Bitcoin is a 'cryptocurrency', and not itself a bank-like institution with the ability to transfer funds. Did you mean one of the exchanges? In either case, that would not be a good option. I have zero interest in dealing with such exotic instruments or exchanges.

Is it possible to wire money into TD Ameritrade through a non-bank type entity, such as TransferWise. Note, they do not accept TransferWise. I don't know any other reliable/trustworthy entities similar to Wise, if someone can enlighten me, that would be great. Thank you.

The compliance department at IB-EU/UK/IE are *extremely* painfully slow. Something that should take a day can easily take months. They also offer *very* little communication/support. It's effectively: Give us this information. *disappear for 3 months*. Done. I've had to deal with them on...

Anyone else get a notification that if you are a US person you are no longer permitted to trader certain sanctioned companies from China? I knew there were sanctions, but did not know they would penalize smaller investors who hold a few shares of these companies. Anyone know if this will...

Slightly off topic, but if you classify yourself as a professional trader, you should be able to trade those ETFs.