
Quote from HotTip:
I suppose, but I don't think it's that simple. If the funds available says -10k, I don't think it's just a matter of getting out of 10k worth of positions because of the complex way that intraday margin is calculated.
Right. I wish it were that simple when you have a combination of long and short positions. Go ahead and call IB and ask them how intraday BP is calculated with long and short positions. You'll get silence on the other end.Quote from plugger:
No, it's more complicated than that. You need to multiply by 4.