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Considering that Reg T only permits borrowing 50% of the market value, I'd say they're going to have a good laugh. OldTrader

Perhaps IB is putting on an extra limitation, and it is simply a matter of coding. Frankly, it does seem kinda silly to restrict an account simply because a cash withdrawal has reduced the equity below $25K. However, at the same time I think this pattern day trade rule has plenty of...

Well obviously they laid the rules out in writing on the website. All your alternatives are covered there. Sounds like if you want to maintain the account, you need to do a reset. Blunder? I think the rules are clear that if an pattern day trade account falls under $25K it must either be...

I agree. And since you're day trading, I think dailly statements make more sense. OldTrader

It's not complicated at all. The subprimers "went after" ie "marketed" themselves in communities where borrowers were more apt to have lousy credit. That would be black communities. OldTrader

What part of the "rest of the world" is going to replace the US consumer anytime soon? Take your time with the answer. And when they stop selling to the US, what happens to their own economy? OldTrader

The reason we "export dollars" is because the rest of the world sells us stuff. Where else they gonna sell it??? Then in some cases, they throw barriers up to our stuff. So a simple remedy for the rest of the world is that they just stop selling us stuff. Less dollars abroad. Maybe they...

Just a quick comment. First, I think it is possible to make 2% per day in the ES. I think the amount you're trading with is more or less irrelevant to whether you make 2%, except when the account gets too big. But for accounts up to let's say $100K, I think it can be done. What makes...

There are only a certain number of possibilities. It could be something wrong with TWS. And of course, we know for a fact that any number of times it has been because the settings were wrong, something at the exchange, the individuals computer, the version of java, the internet connection, etc...

Looks to me like you're hedging with the ES with ER2 according to your statements. If so, I'm not exactly sure why that is such a "secret". There is widespread spreading between ES and either NQ or ER2. Nothing new there at all. OldTrader

I know that he rode the bull market up way back when. Then you heard nothing about him for a very long time. Then suddenly he got bullish again near the bottom. Here was a Forbes article written about him at the time: http://www.forbes.com//forbes/2001/1210/190.html

I met Jim Sinclair personally in the 1970s. He was bullish on gold at the time, all the way to the peak around $880 as I recall. He's as good as they get. OldTrader

I think an understanding of fundamentals are important. As I think back, I learned alot just by reading research reports, both about companies, and about the more general economy. I also read "Intelligent Investor" by Ben Graham years ago. Perhaps a trial to the Value Line Investment Survey...

Signed up in March, 8 posts, 6 of them anti-IB. LOL! OldTrader

This seems to be your clue to go get a professional chart service. LOL. OldTrader

I got 525 W with my Dell T3400. What's wrong with that? OldTrader

Ridiculous. I have been trading for nearly 40 years, I've been trading S&P futures since their beginning in 1982, and ES futures since very early on as well. I've had many accounts of various types. I think IB does a very good job on futures. OldTrader

I think this issue was discussed prior to this in a thread named "hotbrick". But as I recall, the theory was that in order to fail over from one to the other, there had to be a disconnect, however brief, which of course is enough to disconnect some things. I think in a brief disconnect IB's...

If I were you I'd make a company buyout a part of the negotiation. Without it, I wouldn't accept the job. Frankly, there are some areas where nothing is selling at all. Maybe you're not in one of those areas, I don't know. But in this market taking a chance on that is quite a chance...

So maybe one of you guys could interpret all of this to this computer neophyte. What does it all mean? OldTrader