Recent content by ScottB

Bob, I wasn't talking about you (or anyone) specifically and I must admit, there have been times when I get frustrated with IB's margin policy. When I asked them what the issue was, the rep told me the standard "it is to protect the traders that won't protect themselves" line. I have been...

I use IB and while it is true the margins are going up as dictated by the exchange, I agree that it is a good thing as it protects the new trader from overtrading. I have traded the ES for years and I make a good living using an effective margin that is closer to 7-10 K per contract as opposed...