IB customers lose $88m trading WTI crude

Discussion in 'Interactive Brokers' started by ZBZB, Apr 21, 2020.

  1. creator

    creator

    #41     Apr 21, 2020
  2. schizo

    schizo

    You gotta be kidding me. :banghead: If what you say is true, would you want to trust your hard-earned money with these slow firms?

    BTW WTI is CL. :rolleyes:


    Man, do most of you even trade the crude oil futures? If not, STFU.
     
    #42     Apr 21, 2020
  3. BAT31

    BAT31

    People don't call crude the widow maker, for nothing. I learned my lesson trading crude, as a newbie, three years ago. I still have nightmares about my losses. 30% of my account vanished in 15 minutes, and that was with a crude calendar spread.
     
    #43     Apr 21, 2020
    WS_MJH and comagnum like this.
  4. southall

    southall

    WTI contract trades on IPE/ICE

    CL on CME :rolleyes:

    If you dont even know the difference maybe its you who should STFU

    Do YOU even trade crude oil futures?
     
    Last edited: Apr 21, 2020
    #44     Apr 21, 2020
    BAT31 likes this.
  5. maxinger

    maxinger

    please don't use that as an excuse to increase margin requirement.

    for goodness sake, reduce margin requirement immediately.
    we disciplined traders don't over trade.
     
    #45     Apr 21, 2020
  6. southall

    southall

    IB seem to have lost faith in their 'auto liquidator'
    Seems they can no longer accurately track client risk in real time throughout the day
    So they resort to increasing intraday margin to compensate.
     
    #46     Apr 21, 2020
  7. You need liquidity to liquidate, don't you?
     
    #47     Apr 21, 2020
  8. maxinger

    maxinger

    luckily I have multiple accounts.
    I haven't use IB for weeks already
     
    #48     Apr 21, 2020
  9. southall

    southall

    Why not increase margin for WTI vs CL if its not as liquid.
     
    #49     Apr 21, 2020
  10. Overnight

    Overnight

    Margins should not change due to a measure of an instrument's liquidity. It should change based on it's crazy-ass volatility. Or lack there-of, in the case of margins going down, heh.
     
    #50     Apr 21, 2020