Newbie SPY question

A

asdfghj7

If I have a 35K Reg T margin account with IB.
My net liquidation value would be 35K
My RegT margin would be 0
My Current Available Funds would be 35K
My Buying Power would be 105K or 140K. (Not sure if IB is 3 to 1 or 4 to 1 leverage)

If the SPY opens this Monday at 90, and I buy 100 shares, how would these numbers change? Thanks for the help
 
You can try this and see for yourself, in all kinds of scenarios, using the IB demo.

just enter edemo into the TWS logon, instead of your regular account name. Then use the password demouser. No security token needs to be used.
 
Quote from asdfghj7:

If I have a 35K Reg T margin account with IB.
My net liquidation value would be 35K
My RegT margin would be 0
My Current Available Funds would be 35K
My Buying Power would be 105K or 140K. (Not sure if IB is 3 to 1 or 4 to 1 leverage)

If the SPY opens this Monday at 90, and I buy 100 shares, how would these numbers change? Thanks for the help
More...
==============
Asd;
good question , good market, watch /record much data QQQQ, SPY & occasionaly trade them, myself.

You may have noticed 5% swings per day,in spy,bear market ,
so i pray you do well,;
but that also means easy to lose 5%
[$5,000 on 100,000 ,OOPS buy power ,,,,,]
$1700 loss , on 34,000 cash,
$500 loss on 10,000 cash;
maybe best, to trade 1 share, 5% of $90 is 4.50 plus comission.

I hope you are more wise than me when i started, i considered losses negative thinking so didnt think about them;
but any business written plan needs realistic business exspense[loss] plan

Answer, varies, depending on day or swing trade.


:cool:
 
You must log in or register to reply here.
Back
Top