Help a noob out....(IB)

Discussion in 'Retail Brokers' started by JK124, Aug 23, 2007.

  1. JK124

    JK124

    Can anyone tell me why I'm getting this error??? I was trading earlier in the day and wanted to get back into GS at 170.10 and TWS spit this out....
     
  2. JK124

    JK124

    if anyone was wondering this is what my acct looks like currently....
     
  3. might not want to post your account number on the internet...

    how many shares are you trying to buy?
     
  4. mde2004

    mde2004

    Thanks for the account number. Will help you out real soon. Tell that 25k good bye.
     
  5. JK124

    JK124

    only 300 shares.....
     
  6. Bell

    Bell

    It looks like your account was funded today or yesterday. In this event credit manager won't allow margin trades until tomorrow.
    As for the 1st trade, it was probably in cash.
     
  7. JK124

    JK124

    you're right....it was funded yesterday, but my first few trades were valued > 25k (my deposit)......what gives?
     
  8. Bell

    Bell

    I can not explain why the 1st trade was allowed but the 2nd rejected is okay considering the account was funded only yesterday.
     
  9. JK124

    JK124

    I appreciate your help! (and patience) :D