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    Candle Stick Pattern Expert needed

    It's sad that instead of helping people you just want to insult and bully them. Yes, I'm a beginner. I've read a couple of books. I'm already profitable, but I still make mistakes and there's still a lot I don't know. That's the reason I posted this questsion. I want to learn. But instead...
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    Candle Stick Pattern Expert needed

    Well yes, the breakout failed obviously. That's actually the point of my question. There was a big price spike on big volume, followed by a big price fall on big volume. Why did if fail the way it did? Is there a specific candle stick pattern, that I don't know yet? It remotely looks like a...
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    Candle Stick Pattern Expert needed

    I'm not ignoring it. I just try to understand one point at a time. Please be patient with me. So you're saying it is a bullish pennant according to the book, but it still won't work most of the time because of the other factors. Got it. You said: "2. it didn't break out on huge volume...
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    Candle Stick Pattern Expert needed

    Maybe I'm completely off here. Can you help me understand? I'm quite new to technical analysis. So I browsed through my watchlist trying to spot one of the more popular patterns. With BSY I assumed there's a bullish pennant like this To my eye BSY looks very similar. At least until the 25th...
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    Candle Stick Pattern Expert needed

    I recently traded two stocks that showed nice patterns, but were behaving really strange shortly after their breakouts. The first one is BSY: As you can see it formed a Bullish Pennant. Then it broke out on huge volume, indicating institutions are buying big time. I bought the stock and...
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    TWS Strategy Builder Performance Profile: 'Performance data is invalid'

    It actually didn't come to my mind, that it could be a bug. I'm always using the stable verions of the TWS. So I assumed I did something wrong. Thanks a lot for this info.
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    TWS Strategy Builder Performance Profile: 'Performance data is invalid'

    I'm using the strategy builder to set up a bear call spread on EUR futures options. I can set up the trade without problems, but when I want to check the performance profile, an error message shows up: 'Performance data is invalid; please alter selected contracts and try again' As you can see...
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    Current Margin doubles after switching form Cash to Reg T Margin?

    I asked IB for advice and this is what they answered: "The ~17k margin requirement is for the entire account. Your equities carry a margin requirement as well, even if fully paid for, as that is what dictates the available funds/excess liquidity figures for the account." Is that really normal...
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    Current Margin doubles after switching form Cash to Reg T Margin?

    All right, now this is really strange. I just found a Margin Report in the reports section in the account management. Turns out not just my short put positions have a margin, but also all my long positions have a margin requirement!? Example: I own 60 shares of BABA with a value of 12,522 USD...
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    Current Margin doubles after switching form Cash to Reg T Margin?

    Even in a cash account IB displays the initial and maintenance margin for the short puts. But you defenitely need the cash in the account. It' defenitely not a loan.
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    Current Margin doubles after switching form Cash to Reg T Margin?

    Just this week I switched my account from an ordinary cash account to a Reg T Margin account. Until now the current margin was about as high as the equivalent value of my cash secured puts. All of my short puts sum up to a stock value of 9,565 USD. The current margin was just a couple of USDs...
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    Activity Statement: How is Profit / Loss calculated?

    I think I solved the mystery. After I took a look at the covered call option leading to the sell of the shares, I noticed the premium is $65, which is remarkably close to the $64.61 I was searching for. Considering the fees of $0.34 and the commission for the sale of $0.05 everything sums up...
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    Activity Statement: How is Profit / Loss calculated?

    What I meant was, I tried every calculation in hope of getting the P/L that IB came up with. But nothing worked so far.
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    Activity Statement: How is Profit / Loss calculated?

    Commissions are minimal: 1$ for buying the shares and 0.05$ for closing the lot. So that (alone) can't be it. But, you're probably right. I'll have to contact IB. I thought many here have a lot more experience reading the activity statements and know how the calculations are done.
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    Activity Statement: How is Profit / Loss calculated?

    Don't worry, I don't gamble with options. I mainly use them for buying and selling. I wanted to sell BLX anyway so I wrote a covered call, thus getting paid a premium on top of the price I want to sell for. Regarding the unsold shares: I already tried calculating the P/L with the average costs...
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    Activity Statement: How is Profit / Loss calculated?

    A couple of weeks ago I already asked that question, but no one could help me. After some analyzing I came across the Trades section of the statement, which offers a better insight to the problem. So let's try again. For some of my positions I'm having a hard time to understand how the...
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    How is the Profit/Loss in Performance Summary calculated?

    You completely misunderstood my question. I'm absolutely content with all trades I've done. Moreover my position with BLX is doing pretty well (especially including all the dividends and premiums). What I don't understand is how IB is calculating the profit/loss values. For example, if I use...
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    How is the Profit/Loss in Performance Summary calculated?

    I'm currently analyzing my Activity Statement, especially the Realized Performance Summary and I came across some Profit/Loss positions I just cannot explain. For example I bought BLX on serveal occasions and had one sell: Date # Price Fees Eur/Usd...
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    Stop Limit orders outside of regular trading hours

    I'm always impressed how fast I get a couple of helpful answers in this forum. Thanks to all of you. You're absolutely right. I will never use stops again in after hours trading. Another lesson learned. Great idea Benihana. I've never used hedges before, but I will definitely have a try. A...
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    Stop Limit orders outside of regular trading hours

    When earnings are announced, it's not uncommon that the stock price rises or falls by 10, 20 or even 30%. Usally I don't put too much attention on quarterlies, because I take a long term approach. But when I tend to sell a stock anyway I'd like to avoid big losses. So, in this case I want to...
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