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  1. J

    IB margin requirements

    IB's futures margins are the same as the exchanges. http://www.interactivebrokers.com/en/trading/marginRequirements/margin.php?ib_entity=llc
  2. J

    Do you advise holding emergency cash?

    I don't deal on the curb market, so I don't need the cash.
  3. J

    can't locate SPY

    Why short SPY and worry about a forced buy in when you can easily short ES and not worry.
  4. J

    Why don't interest rates rise, if credit is so tight?

    Bank to bank money is tight, as 1 month LIBOR is at 4.11%. Easy to find high yield savings accounts. www.dollarsavingsdirect.com offers 3.75% APY for a $1000 minimum deposit.
  5. J

    Do you advise holding emergency cash?

    Who still uses cash? Cash is so 20th century. Just use plastic for everything.
  6. J

    The Ultimate DAX Scalping Discussion Thread!

    To get TICK-IBIS and TRIN-IBIS you have to subscribe to the proper Xetra (IBIS) data feed at IB, probably the "German Indices & Xetra ETFs" feed.
  7. J

    MF Global safety

    The article about MF is from March, 7 month old financial news is less than worthless.
  8. J

    Scottrade: Sorry, you must order by phone...

    A stock like MOS drops 33% in one day and you think that IB's margin requirements are too high. Those of us that believe in capital preservation prefer to use brokers that properly manage risk. What brokers do all the high risk traders use these days?
  9. J

    Warren Buffett is buying (now GE) and so should you!

    But Buffet did not buy GE or GS common stock. Buffet got special deals (10% preferred stock and long term warrants) that pay him very well to wait for better days. The rest of us cannot get in on Buffet's special deals and are left with the higher risk and lower return choices.
  10. J

    Post-mortem: Was it wrong to get out at exact low?

    How about going back to the beginning and explaining why you would buy any stock without having a clear exit strategy for when things go wrong. Once a stock goes N% against you, you are supposed to be disciplined and take the loss. The value of N depends on the individual trader and the...
  11. J

    Blue Fish Commodities

    They have an email addy using AOL.com. Must be a bunch of clowns.
  12. J

    how do you insure funds in your trading account?

    I would suggest that you spend some time reading the wealth of information on the IB website. More financial information about IB is contained in their quarterly earnings reports and can be found using the SEC's EDGAR system.
  13. J

    how do you insure funds in your trading account?

    From http://individuals.interactivebrokers.com/en/accounts/accountProtection.php?ib_entity=llc Customer securities accounts at Interactive Brokers are protected up to $30 million (including up to $1 million for cash). The market value of your stocks, options, warrants, debt, and cash --...
  14. J

    how do you insure funds in your trading account?

    It is not the futures broker you have to worry about, it is the clearing firm that holds your cash and positions. In the past customers of clearing firm failures have been eventually made whole, but your account could be frozen for days to months.
  15. J

    how do you insure funds in your trading account?

    SIPC does not cover futures contracts. Stock at a broker is held in street name not your name. Customer securities accounts at Interactive Brokers are protected up to $30 million (including up to $1 million for cash).
  16. J

    CME and CBOT raising Margins???

    IB provided the link to the CME notice - read the notice.
  17. J

    30 under 30

    Read the list, Stephan Marks is an independent trader in London.
  18. J

    Money market fund...

    Money market funds are securities and the SIPC does not cover the change in value of securities.
  19. J

    What happens when an exchange goes down?

    It has happened to plenty of traders the times that Globex has crashed. Better have an account (or backup account) that lets you trade on other exchanges and other instruments to hedge your position.
  20. J

    wat % of your account would you allocate to one day trade?

    You need to define the instrument being traded. Big difference between 100k on cash T-bonds and 100k day trade margin on T-bond futures.
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