I guess it depends on your contract. Mine states that I'm a self-employed independent contractor.
Market profile is a price distribution chart. All prints within a set time frame (usually 30 minutes) are represented by a letter (one letter per...
I agree, $1200 seems high. I pay $625 for CBOT, Merc, news, and market profile. I had considered switching to E-Signal, for $270, but after...
Don't know about IB but with other brokers i've delt with you could earn interst on the cash balance(premium received) less any short market value.
Why exercise early and give up the time premium. Just sell them. If an option is trading at parity you may be assigned early but extremely...
yep
The only difference between a cash account and a margin account is a signed margin agreement. The margin feature will not be removed if the...
no paper work needed, your broker will be kind enough to add the PDT label as well as the $25K equity requirement to your account for you....
Open a margin account, once you've made 4 day trades in a 5 business day period you will be labeled PDT. Note that the 5 business day period is...
You have 4:1 buying power based on NYSE excess equity even below $25k. Once you a labeled PDT you are required to maintain $25k. It also looks...
> CBOE.com > Trading tools > contract adjustments
http://www.cboe.com/publish/TTStockSM/05-739.pdf each contract represents 78 shares of GME + $3,838.25
When determining buying power there are several figures you need to look at. You are alway held to the greatest requirement: 1> Reg T req.-...
"BTW, intraday BP is 4:1 for PDT accounts over $25K (not 2:1)." Your intraday buying power is 4:1 as long as it does not violate Reg T. If...
Maybe I didn't spell it out well enough but I thought I basically said the same thing.
If you have $5k in your account and buy $100 of stock you are still at 100% equity. You have not borrowed any money from IB however since you...
32 yrs old, Chicago, trading for 7 yrs
What sort of add ons are you looking for? TT pro has auto trader and auto spreader.
Don't know about all prop shops but my experience has been that the contracts explain that you are an independent contractor not an employee, desk...
I have yet to meet an owner or risk manager at a prop firm that didn't trade. As far as your brokerage example, I think that would fall under...
Separate names with a comma.