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What is up with IB margin, how dare they entrap people
- Thread starter C- kid
- Start date
Quote from C- kid:
OldTrader
it doesn't matter where the page comes from
all that matters is that when you execute future car on IB in the middle of trading day
you are using overnight margin rate
simple as that
Of course it matters where the page comes from. Because it doesn't exist as a part of the regular IB website information on margin.
When you execute a futures contract mid-day, you're using intraday rates as set forth on the webpage I linked.
Somehow, you managed to take a relatively easy matter, confuse yourself over it, then mislead everyone else, and then accuse IB. Nice job. LOL. Or as you said, check your facts.
OldTrader
Quote from OldTrader:
Of course it matters where the page comes from. Because it doesn't exist as a part of the regular IB website information on margin.
When you execute a futures contract mid-day, you're using intraday rates as set forth on the webpage I linked.
Somehow, you managed to take a relatively easy matter, confuse yourself over it, then mislead everyone else, and then accuse IB. Nice job. LOL. Or as you said, check your facts.
OldTrader
go back to your cave you idiot and keep up with changes
Let me add to this: they did this as a precautionary measure last summer, for about two months, at that time it was clearly indicated on their website, this rule doesn't apply anymore except in oil.
All of this you would know if you actually traded, whiner ! (hey, I can do it too, using big words !)
And anyway what's your point, they can do as they want to protect their firm. I acutally want them to do this in extreme circumstances, that way I can be assured my money is safe.
If (big if) you actually trade => start trading better, so you will have a bigger account and your margin won't pose any problems anymore. Nobody in their right minds uses only intraday margin to enter a position anyway unless one has lots to learn, and will learn in a real painfull way.
All of this you would know if you actually traded, whiner ! (hey, I can do it too, using big words !)
And anyway what's your point, they can do as they want to protect their firm. I acutally want them to do this in extreme circumstances, that way I can be assured my money is safe.
If (big if) you actually trade => start trading better, so you will have a bigger account and your margin won't pose any problems anymore. Nobody in their right minds uses only intraday margin to enter a position anyway unless one has lots to learn, and will learn in a real painfull way.