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    Can someone explain this to me?

    Now to give you a serious answer instead of those cheap shots that everybody else is giving. Real estate can and cannot be a long term investment. These cycles can literally last decades. For example, go back in history and look at around the early 1800's. The prices back then were absurd...
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    Peter Schiff getting ridiculed on CNBC.

    I don't care how this other guy did. He pointed out using facts that Schiff screwed up. I don't follow Mish, and in fact I am not crazy about Mish. So you say it is a suckers rally. Ok, fair enough so its a suckers rally, but did you make money? Because if you didn't then you are the...
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    Peter Schiff getting ridiculed on CNBC.

    Yes he made a good call and made money... But one call does not make a master. For example, let's say I am perma bull. I say BUY, BUY, BUY... And I don't change my tone. If you said, "hey I listened to you in 2009 and I made a ton of money." Good for you. But the real question is if you...
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    Money is missing from the IB account

    Are you selling short anything? If you are looking at available funds and the likes it changes from day to day.
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    Peter Schiff getting ridiculed on CNBC.

    This is exactly the investor bias that causes people to loose money. You say you have been a fan of Peter Schiff since 2006. Ok, so he has been calling the sky is falling the sky and you listened to him since 2006. WOW you made money! Now he is calling an even scarier DOOM and because he got...
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    IB margin requirements

    Yes and you have found a very interesting loophole. Let's say that you sell a bunch of call's. If you are long stock then your portfolio value increases as the margin requirements go up. And if your portfolio falls then your margin requirements go down as your stocks go down. Of course to...
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    IB margin requirements

    Why are you talking about long stocks? I think that just confuses things. When selling options in IB you need to look at two things. Current Available Funds, and Current Excess Liquidity. These numbers are related to Initial Margin and Maintenance Margin. If your Current Available Funds is...
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    Peter Schiff getting ridiculed on CNBC.

    No... His father is fighting the unfightable battle. Ever looked at his case? His arguments have been tried and tried and tried. He was given his due in court, and if after that you still stay by your arguments then you are a stubborn mulehead. For example he has arguments like...
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    Peter Schiff getting ridiculed on CNBC.

    I listen to CNBC all day long. Hey I need to follow the market... Sure the CNBC commentators have their problems. BUT Peter Schiff is a populist. I watched the segment and I liked how Peter was taken to task on providing a solution. And the only solution that Peter could come up with was...
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    How to get even with Wallstreet...

    Nope don't work for any of these institutions... Wrong country btw. But to tax them at 95% is silly and will not do anything. Remember that these are the people who invented swaps. If you don't understand the context do some research and you will understand what I mean. As a pragmatic...
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    How to get even with Wallstreet...

    So I am reading all of these posts that are annoyed, angry and want to riot against Wallstreet. Want to know how to get even with Wallstreet? Simple... Don't go into debt! Buy a car with cash... Save 40% to buy a mortgage, since then you can go to the local smaller banks as you...
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    Main St anger so intense some say "acts of violence" called for

    Sorry, but I am going to agree with the gp on this one. If society is willing to buy a car with cash, save about 50% of their house before entering a mortgage, and not use credit cards, then you have a point. But until society does that, it is you who is insane and retarded. I was just...
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    Trading Iron Condors

    I am guessing that you are talking about this cycle. 1) Why? If you are sure that you are probably not going to be hit then forget it. In fact you are going to head slapped right now. If your option has no bid then the ask is going to be something outrageous. And the question becomes can you...
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    Taking proprietary strategies from discretionary to systematic......

    1) Unless you can code it yourself you are going to have to pull down your pants! 2) 15 years who shives a git! Sorry for being harsh here, but as somebody who has taken a couple of dozen trading systems from discretionary to systematic the traders I trusted the least were the ones who were...
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    Iron Condor on Interactive Brokers

    BP != Margin... As I look at my account my BP is based on leverage and IB gives you that so that you can temporarily trade on leverage. However, margin is not buying power. Margin is what locks up your capital. And on that IB does not add the numbers. IB does this intelligently and it...
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    Iron Condor on Interactive Brokers

    Ok, if you are looking at the IB definition of Buying power, sure you might have a point. But if you are dealing with credit spreads what you need to follow is initial and current maintenance margin. And of course Excess Liquidity. Buying power is sort of useless from what I have seen in terms...
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    Daytrading patten rule any way around it?

    Yes, you can get around this, by putting in another 5K to get 25K... My suggestion to you is not break this rule because doing so will get your account suspended. The rule: http://en.wikipedia.org/wiki/Pattern_day_trader This means a total of 4 in five days. Not 4 a day for five days...
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    Iron Condor on Interactive Brokers

    That's crap! The total margin is not the sum of margins. I know because we put on these trades ALL DAY LONG! The total margin required is the worst margin needed. Of course IB gives margin depending on the total monies in your account. The less money you have the worse your margin becomes...
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    Iron Condor on Interactive Brokers

    No, they don't margin it as two unrelated spreads. I would actually argue that IB margin is superior to ToS. ToS gives you about a 1/3 to 40% less margin than IB. My friend and I compared what margin he gets and I get. Another thing that IB does is give you Portfolio margin (100K+), and not just...
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    Iron Condor on Interactive Brokers

    I work in a hedge fund and we sell premium. We have a proprietary model that allows us to look at mispricings. Thus we really don't care about all of the pretty graphs. And many pros will buy specific tools for the task. IB to a large degree does expect you to do that. I have never used the...
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