Recent content by lyto1

Great, thank you for helping me understand all that.

Ok thank you. I thought if IB lends me the USD cash, it will close the cash position fully when I sell my GM position, but thats not the case. So sometimes it is really better as you say to keep the remaining USD cash balance for the next trade or accumulate some USD profit/loss and then...

Great, thank you. Now i closed my position with a loss. Closed at 3 x 35,51USD = 109,53USD So I have a loss of: 114,15USD 109,53USD = 4,62 USD The position is closed, but my cash balance is left with -8,52USD. I suppose this is -1,95USD + -1,95USD + -4,62USD = -8,52USD So I have no other...

Hello, I am trying to understand what is happening with the currency risk and fees when I buy a stock in a foreign currency so I have some questions. Broker is IB. For example: my base currency is EUR and I have only Euros in my account and I want to buy a stock in USD. I opened a position as a...