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https://secure.t3live.com/road-to-funding/ what is this?!

I made money NOT b/c I was a sub at madaz! I've been trading for a while and by the time I start sub to madaz I was already pullling in low 4 figures day. BTW, I canceled my subscription back in Jan 2020 b/c I've developed my own style of trading which is very different than what he does.

His account statement:

It used to be like that. In the good ole days ,I used to be able to throw around 5-20 NG contracts easily. With these new high margins, it's hampering my style.

NG, natural gas futures, margins used to be superlow on IB. Now they are asking $9602! wtf?! for 1 lot. Though on their website it's much lower...

Now, he's up $400K in a day!

I tried to get in but couldn't this morning. Too many halts. But look at that drop from $60 to $31. lol

Depends on your broker and who they uses for clearing. On TradeZero, the answer is no. Margins are set 7am EST each day. Not intraday.

I It's no surprise so many hfs, even famous ones, are shutting down. They aren't delivering any real alpha! Especially at such expensive fees(2/20).

https://www.bloomberg.com/amp/news/articles/2020-07-08/the-hottest-hedge-fund-strategy-is-facing-an-existential-crisis Even in a pandemic, the short side of long-short HF strategy didn't perform well. Geez. What are HF doing? Definitely not delivering value.

I'm so glad I don't trade GC anymore. Last night was ATH then this morning, wham! 25pts down. It's only for fast trading.

I stopped trading gold futures (GC) a long time ago...

@destriero : So this guy is up $600K on the week...

Gold breaks my heart too many times ...

Last summer, we took a family cruise. Since I bought the internet package, I was able to trade/scalp while on the cruise. Like an hour in the morning before the day's activities. At one point, I made enough money to cover the entire's cruise cost for myself. Not my entire family. So, it's...

OK. That's probably a good idea! I should switch it to cash account then withdraw the money. Assuming they let me. I'll give them a call tomorrow!

No, they didn't say I'm locked out because of PDT. They said I'm locked out b/c of a margin call that happened maybe for an hour months and months ago. Actually, now that I remember I did deposit to go above PDT and traded. And I tried to withdraw cash they wouldn't let me! Now, I remember.

My point exactly.

I've been in straight cash for months

I've been in straight cash for months