IB Margin Changes

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Quote from GordonTheGekko:

IB has allot of fees I noticed, along with awkward policies like 30k+ for day trading (versus the SEC rated 25k)

Lightspeed has a per share commission, although some don't like their software because it feels 90s. Maybe use another software platform.

Also pretty certain Tradestation has a per share option.



IMO, ETrade has excellent customer support. It may not seem needed, but if you don't have a RSA encryption device, and your account is literally hacked, it's great to have someone watching to catch it (happened to me). Also all customer service responses happen within the hour, even faster on holidays (ironically).
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Yeah, I called the elite serive on trade on a sunday. and had a question on an options math I was working out, I sent them the whole thing and on a sunday LOL they actually got back to me and checked it out etc.. e-trade has portfolio margin.
 
I think we could see a few 1000+ point down days in the DOW in October.. we may even see a 2000+ down day at some point.

circuitbreaker_q3.jpg


I really hope we dont see the 3000+ point down day mentioned in that table :eek:
 
Quote from jayre:

Just 73 posts to go and you hit you milestone of "14,000 useless posts".
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sorry , but in my old age I have very little patience with the of inbred bastard sons of siblings. welcome to my ignore list. (hint, you'll have to create another nick)
 
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