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From what I gather, the most dangerous portfolio would be one that is concentrated, illiquid and highly leveraged with low margin cushion. Those who hold concentrated positions in stock options with a low margin cushion are asking for financial trouble.

I used to be able to use MLDownloader to download Yahoo end-of-day quotes free of charge daily. Now, I am no longer able to. Luckily, there is still Google around. For those who want quality data and don't mind paying, Reuters Datalink is a good choice for end-of-day stock data.

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I am a happy customer of Interactive Brokers. I have even started using margin in my portfolio with IBKR recently. IBKR has an auto-liquidation policy when margin requirements are violated. I am in favour of this auto-liquidation policy because it is like having an automatic risk manager even...

For those who want to learn from attending trading courses, do a favour to yourself first. Ask yourself this question. What can you learn from these trading courses that cannot be learned from cheaper channels such as books and helpful online forum such as elitetrader, particularly so if the...

Interactive Brokers provides a useful function for risk management. It can generate a VaR report under Account Management using historical method and variance-covariance method. Anyone knows how the VaR is calculated? At least, it will be helpful to know what data is used for the calculation...

The stamp fee is already a form of financial transaction tax. At 0.5%, it is Europe's highest! Much higher than the French(0.3%) and Italian(0.2%) one. European investors will move to German and Swiss stocks as they have zero ftt. European financial hubs will probably move to Germany or...

I don't think the British are so stupid as to commit suicide. This will not pass. I can understand why Brexit went through. The immigration policy is hard to tolerate when the pace of new faces, new culture is too fast. Harming their financial hub advantage is suicide. The British are too smart...

This will encourage more people to use CFDs to bypass expensive stamp fees. It is ridiculous. Other countries have zero or low stamp fees. Who do they think they are? Brexit has already made UK less desirable as a financial hub. Yet, they don't think of ways to lower cost for investors?

I would suggest that you start off with the stock market in your Slovakia. Stocks are easier and there is home ground advantage.

Hi elite traders, I am new to using margin for trading stocks. I use Interactive Brokers. IBKR will give a warning when the margin cushion is 5% above the margin requirement. I am not sure if this cushion is optimum. Is it too high or too low? For optimum risk management rules, how do you...

The service I get from IBKR's customer service chat is reasonably good. Their technology platform and commission rates are so far the best I have encountered as a retail international investor. Have you met any better broker for international investing? If yes, I am open to new options.

Very surprised by the super-low commission rates of local brokers. How the hell do they survive? I thought IBKR was efficient enough. I guess the Japanese brokers are just as competitive.

From personal experience, the points about high commissions, lack of liquidity, transaction taxes are not true for Japanese stocks. I use Interactive brokers. Commission is lower compared to Hong Kong and Australian stocks. Liquidity is better. Zero transaction taxes for Japanese stocks...

It is a good idea. The problem is there will be many free-riders who contribute nothing but want to benefit from the efforts of others. Software is write once and that's it. Data collection is an ongoing effort. I don't know how you can get consistency of effort if the person doing the work is...

Lower interest rates on margin, prioritised customer support over other retail investors, access to more markets ...

I see. I believe there may be retail investors with bigger accounts >1m that are not institutional. I wonder if they are treated differently. Having said that, $1m may not be significant enough in IBKR's eyes although it does look a lot to retail investors..

May I ask what do you mean by that?

The fund managers are in danger of either having their high salaries cut or their jobs lost to machines. Passive funds are a form of machine trading. It is already happening today.

IBKR is a wonderful broker for the more savvy retail investors. I am wondering for the bigger retail investors, do they get extra benefits from IBKR if their account size reach >$1m?