you can do that at any time though
AMP Charging me for $300 Margin
- Thread starter 2Fast2Good
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Nobody who posted above wanted to make the essential point that daytrading futures with a $1,500 deposit is (to put it very politely) an extremely unwise thing to do, and won't - however you look at it - turn into a story with a happy ending? Everyone else here must be a lot more tactful and discreet than I ...
Nobody who posted above wanted to make the essential point that daytrading futures with a $1,500 deposit is (to put it very politely) an extremely unwise thing to do, and won't - however you look at it - turn into a story with a happy ending? Everyone else here must be a lot more tactful and discreet than I ...
Dare to contradict. Better blow up small than big. Learning curve there is more vivid.
A point more concerning here is that he's trading and don't even knows what the regular margin and rt-fees with his particular broker are.
A prefectly good and fair point, and of course I won't dispute that it's better to screw up for $1,500 than for $15,000, but my contention is that in this context $1,500 is so small that that, just in itself, is going to make the negative outcome inevitable, and most likely without even any progress along the learning curve as a compensating benefit.
He's trading ES futures. Reg-T doesn't apply to him.
Honestly don't know what's Reg-T. He is trading 1 contract based on his post and has a problem to calculate what's green and wha'ts red in regard of his 'mystic' fees...
Apologies. I saw "rt-fees" and thought you meant Reg-T. That was my bad on that. As for him/her no knowing all the fine-print? I am sure he will now be in the know. All that has to be done is get on the horn with them. He'll be right-as-rain in the morning.
well, it's a tough business. Nervous system get's stressed, blocked rationality hope he's a Twen...
unsubscribed.
To all of those who are implying I am too stupid to understand margin fees, and trying to make me look back on a public forum...
AMP messaged me at 7AM nicely enough for my account number, got messaged after close that the commissions were changed. Very slick AMP, but thanks for getting to me so early
And so you have learned that the best bet is to contact your broker first and go through the motion of customer support rather than attempt to find a solution on a forum like this, where some folks may or may not have experience with said broker.
Welcome to ET!
Lol I'm just gonna get this thread deleted, this has become a shit-show.