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    Margin hike post corona

    initial margin requirement and the maintenance requirement btw I am using risk based margin with IBHK
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    Margin hike post corona

    Is IB still on elevated Margin compared with January this year? I think they sent a email saying the margin increase but does it end/wear off? I found that they charge a crap ton of margin even for stocks.
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    20-Year-Old Robinhood Customer Commits Suicide After Seeing A $730,000 Negative Balance

    Looking at the screenshots linked in the article I don't think the app misrepresent his position. If he get assigned on the short leg and the long leg is out of money he indeed have a huge negative cash balance.
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    20-Year-Old Robinhood Customer Commits Suicide After Seeing A $730,000 Negative Balance

    You get assigned 300 Amazon stock @2500 and this is already negative 750k cash. The price of the option is not really relevant but the strike price * number of contracts * 100. If the option is exactly at the money, for example, it is near worthless but you still need a crapton of cash to...
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    20-Year-Old Robinhood Customer Commits Suicide After Seeing A $730,000 Negative Balance

    According to the screenshot in the twitter link, the trader mis-read the UI thinking that he lose 700k but actually this is just the negative cash for being assigned the AMZN stock. He still have 16k equity in the screenshot.
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    Interactive Brokers....maybe change?

    What is unbearable for you? The TWS may not be the best in terms of stability and user friendliness but the mobile app is quite good. Depends on your need but yeah switch brokers or use something like Ninja trader.
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    Minimizing the initial margin impact from many simultaneous orders

    When your order get rejected try a smaller lot? Not sure what else could be done.
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    cash balances question

    I would suggest going to your account portal and at where you get account statements. There is a cash report section that explain how the cash balance of different currency changes. https://www.interactivebrokers.com/en/software/reportguide/reportguide/cashreport_default.htm For example when...
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    What is IB's Hong Kong exposure?

    My worry about IBHK is they are bound by the HK laws, which include many of the emergency laws about handling assets. e.g. trading with the enemy ordinance. If you have some backup outside HK sure you have nothing to worry about, but many people do not have anything outside HK.
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    President Trump's Executive Order on Preventing Online Censorship

    Twitter should be allowed to control what they have on their platform, but then they should not also get to claim they are merely a "platform", like a "park" and have any immunity on the content that is posted. Youtube also delete anti-CCP comments, when being accused they blame the AI...
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    President Trump's Executive Order on Preventing Online Censorship

    You know full well the president is held accountable with various mechanisms. This is just nitpicking.
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    President Trump's Executive Order on Preventing Online Censorship

    Trump is held accountable by election. Twitter is held accountable by.....lawsuit, oh wait Twitter get immunity from liability declaring itself is only a "platform". Remove that immunity then, if you want to moderate speech.
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    IB screwed me with the fine print

    It is not like IB hide the overfill protection option from you.
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    Found that dude trading CL with an IB account

    There is a position limit at the exchange level, for WTI Houston Crude Oil Futures the limit is 10k contracts, for a single month, and 20k for all months, so I don't think it is possible to buy that many.
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    Securing successful strategy from the broker stealing it

    Use multiple brokers for your strategy?
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    Found that dude trading CL with an IB account

    They have a gazillion of contract symbols but they don't verify the accuracy of the contract settings. I once have to email IB to fix the min tick size rolling the Nikkei400 future contract as a spread, and I have to give them the link of the JPX spec before they acknowledged that their config...
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    How to export contractDetails to csv from TWS API in Python>?

    Not a panda expert I think you need to set append mode when calling df.to_csv also to skip header for 2nd+ calls
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    Intelligence Community Statement on Origins of COVID-19: Not Man Made

    If it were not man made it would be a natural occurring virus leaked from the lab. Otherwise it is quite a coincidence as there is only 2 such kind of lab in China and wildlife wet markets are all over the place.
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    What risk management lessons to learn from negative oil price event?

    No, I mean even before the fact people that DO know it can be negative have an advantage over those who don't. Just like in poker the pro do not always win and the fish get some chance, but in the long run it is sure win for the pro. I saw screenshots of Chinese investors that lost $1M+ with...
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    What risk management lessons to learn from negative oil price event?

    People win by having a more accurate assessment of the situation than your opponent. Everyone know the price of oil at $0.10. So why would it be "a bargain of a lifetime" to you but not to your opponent? People who think it can't be negative have an inaccurate assessment. People who know it CAN...
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