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Perhaps because it's the law when you are offering to sell something based on your performance? I have no doubt that Miller knows the law. Certainly writing a blog where you sell nothing you can make unsubstantiated claims as to performance. But the instant he decided to sell something...

I think it's worth a phone call to a good lawyer. If they offered a job, and you accepted, I think you were damaged in the sense that you then quit looking for a job. In other words, this costs you something. You don't say how long this period was between being hired and being informed you...

Perhaps you could clear up a small detail for me. You say you opened an account with $50,000. With this you bought some calls....$30,000 worth. Your plan you say is to short 10,000 Qs against those calls. So here is my question: let's say the Qs were trading at $25. Shorting 10,000...

Bob: It appears that IBj answered your question. IB has made the initial margin on corporate bonds 100%. So for example, if you buy $40,000 in corporate bonds, you must have $40,000. Let's say the maintenance is 50%. That means that if your equity drops below $20,000 you would either...

Considering that Bill Gates, Warren Buffet, and Larry Ellison have less than $130 Billion in net worth according to Forbes, this court judgment of $170 Billion is little more than a complete joke. Sheesh. OldTrader

Bob: It's hard to believe that corporate bonds are not marginable at IB. That said, according to your account statement that's what it looks like. The equity is not released to buying power. In terms of liquidating the bonds, let me say this. I have never bought illiquid securities ie...

I'd change to unbundled immediately....there's no disadvantage other than an overnight charge, which if I remember correctly is $.10 per contract carried overnight. Even considering this $.10 charge if you carried something overnight, the unbundled commissions are considerably less expensive at...

It looks to me like the securities have a maintenace margin associated with them of $20,671. For some reason the excess liquidity is not released into buying power. It's possible those specific bonds are not marginable. That's what I would check. I don't trade bonds. I don't margin bonds...

Never heard of any broker willing to allow equity to shrink to that amount. You got an example? Of course, if all this happened during the RTH, they might leave you alone until the day trade margin was violated. But the minute you went overnight again, you'd be liquidated if your equity was a...

You hit the nail on the head with the above statement. If you are for market solutions and against government solutions, then Obama has done poorly. What the hell is McCain thinking? And therein is the point: McCain is not a believer in the free market, capitalism. Had he been, perhaps he...

I have bought many properties at a "trustee sale". In some states "foreclosure sales" are handled by a "trustee". Others the sheriff handles them. Here's the first thing you need to know. The rules are different from state to state, and from county to county within a state. You need to...

:D

I thought this was an excellent post. Solid method to determine when it would be sensible to buy, not just a bunch of hyperbole about "prices are heading into the crapper". I would only point out that in some areas, like the Midwest for instance, you have been able to buy houses for less...

You mean they won't let you margin FNM??? Say it ain't so! It used to be that the exchanges had lists of stocks that they determined were 100% margin. It was not set by the broker. My guess is that some of the stocks on the list are there because of an exchange, not because of IB. Who...

I use Sprint with the 598U Sierra Wireless card. As far as I know, Sprint limits you to 5G per month. I'm not aware of any unlimited plan. OldTrader

This illustrates why the bank is always "dumb money". First, any bank I have ever dealt with would release money from the development loan in partial amounts as construction progresses. I find it hard to believe that they released money to build spec homes without having roads/walls built...

Using your logic, when 2 people (you and powerfade) agree that I should be put on ignore, then you are "very likely" right. So let me save you the time. ET and some of the dumbasses that post here has been wearing on me alot lately. It's a waste of time. So rather than put me on ignore...

Interesting comment, in light of your statements in your other posts like: Or this one: So much for consistency. Yet you counsel people to not be "misled by people like OldTrader". LOL! Your statements are as misleading as they get. Do you have problems or don't you? Here's the...

I agree with most of your post. This aspect of it though I have trouble with. If you think it's tough to prove a problem exists, try proving that it doesn't exist. All I'm suggesting is that every trader should do what they can to provide info to IB that is helpful to IB in showing...

OK, I get it now. A long time ago I changed the log off time to 12:00 Midnight Eastern. So what happens is that at Midnight my TWS logs off. Evidently the server reset takes place at or around the time my TWS is logged off. Later, if there is something I'm watching, I log back on. So the...