IB has temporarily abolished reduced intraday margins meaning you have to trade at the overnight rate until volatility dies down.
them sticking it to the man, except the man is the customer, and the customer isn't the man but daytarding (thread title) is only the product of a montessori school
Yep, dayTRADING , sorry for the typo My friend at eminis.com got his margins raised to 1/2 of overnight margins Any other brokers joining this move ?
Daytarding...LOL...I like it. That's actually a pretty good word for the way daytrading goes sometimes.
Disagree. I'm glad IB raised rates. It protects me indirectly. I'm not sure how they're 'sticking it to the man' by raising rates. Care to explain?
Well with all the wild swings we have been having A lot of peopele must have blow their account ad the brokere are protecting them self by raising the day trading margin The market is in a real swing from here to there I was up yesterday $800 this morning i was down $ 2000 and i lost hope completelybut you wont beleive i am closing the day with + $1662.00 i must have trader mor then 50 contract HAve a headche