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Thanks. I see some advance.

Thanks, today first time to see "Reset Paper Trading Account" under "security" menu.

Here is photocopy of my screen. I do not see "Reset Paper Trading Account Password". Is it because officially no paper account yet? I remember that new paper account is open somewhere.

For the above link Under the "security", But there is NO " Reset Paper Trading Account Password.", in my regular account. What can I do?

That is a good idea / I will keep in mind to put many question in one post.

[IBIAN] Thanks for the exact answer that I hoped to hear

Specifically see from 5 min for the total 10 min clip in It says "cash of 1K is needed for 10K purchase"

Good to hear "margin impact", which I heard first time in my life. For the great depression in 1929 above. see for margin rate.

Thanks rmorse for helpful comment to beginner. So FRB set the 50% like global interest rate. So there is NO trade with less than 50% at all especially in US market? In some country, for 10k worth of MSFT, it is possible to pay 3K as proof of purchase and have pay the rest(7K) in the...

Personally I rarely use margin. But I like and used to trade as follows. I buy 100 MSFT at $20 Monday and pay only 20% of the total $2000, which cost only $400 at the time od execution. Of course I have to pay the rest ($160) in settlement day(Friday) to complete. This is a lot different from...

Dear- After opening real IB account, I was curious IB really check my FICO score. I understand that in the margin account, we might be uderwatered. For example, with initial seed of 10K, if market is down like 1929+1987+2008, then we may need to pay 20K back to IB. (total 30K loss)...

Since I made IB account, I have SSN+DL as well as good FICO score. We do NOT have to be US citizen to open IB, if my understanding is correct

Please see your PM.

To avoid this kind of error, I kept screen capture (phtocopy). I am sure that the photocopy shows ONLY username and acccount number starting DU

I agree IB-AN is generous in replying. Probably you mean 1)Right button of my mouse 2)Excel import in legacy Excel. Most knows that. API does download many screen info within a second. I do hate to download each screen each time separately.

IC. PM mean private message. As you know, I feel that I need to spend more time in Elite and IB.

Dear- Recently IB gave me username and account number for a new paper account. Today first time to try login my paper account but how and what password do I need to submit? If my memory is correct, I may NOT have password. -Jay

Probably PM stands for "pay me". If so, my reply is "I do not afford to pay money how to use API". However, it is interesting that, unlike TWS, I can download lots of info (such as interest paid as above) using API. I need to study many months for the APIs. Basically most info that we see...

Furthermore, I remember I have bought more than initial cash amount of 10K few days ago. (only one time) The "bought" might be acquired or settled(???) / still lack of understanding the difference. Did I pay INTEREST for the loan money from IB cash? If so, where in menu can I find the amount...

1) I never thought "short" buy in equity , which is similar to SELL entry in future. Thanks I cancelled it. For the short order, IB does NOT tell me because it is obvious to everyone. 2) I saw the buying power is roughly $34, which is > 3 times of 10K asset(equity and cash) If I buy as much...