ES Journal - 2019/2020

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I don't know why this would be so hard to understand-----producers have to pay to store oil. ---when it's cheaper to pay a buyer to store it, then price goes negative.
 
Would love a rippity doo dah during the last half hour. So far I've been wrong on what today would bring but I suspect I'm good on the medium to long term. Headed out for 9----talk to you soon.
 
schizo said:
This is the reason why I left IB. Suffocating.
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I remember in the 2008-10's they had conservative margins (certainly not 400 on the ES), but they were alright, for my style and taste were a limit on overleveraging (which I really needed at the time) and last year when I reopened an account they were alright as well, but lately they're just preposterous.

May I ask what broker you use now?
 
Picaso said:
:wtf:
I think I would :vomit:



Yep, I thought they were going to triple it, but so far no... :confused:

PS: thanks everyone for the info on margins (I think IB's and AMP's are insane for the opposite reason)
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No question on Amp's as a 10 pt move against you and your account is a margin call. But $5000 per es is 100 es move and is fine for intraday margin. i trade with Ib and there margins don't bother me . i opened Amp to have a second account
 
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