IB: How best to unwind Long 1 Globex Mini (NQ) and Short 10 Micros?

Discussion in 'Order Execution' started by Aisone, Aug 9, 2022.

  1. Aisone

    Aisone

    These are hypotheticals. I'll welcome a good market dump tomorrow in the hopes of finding opportunities to get long before a rebound.
     
    #21     Aug 9, 2022
  2. maxinger

    maxinger

    [​IMG]
     
    #22     Aug 9, 2022
    murray t turtle likes this.
  3. Aisone

    Aisone

    Thanks for the info.
     
    #23     Aug 9, 2022
  4. mervyn

    mervyn

    I did this all the time last year, both long and short if you have enough cash to carry overnight margins. And don’t be greedy and take profits.
     
    #24     Aug 10, 2022
    MACD and Aisone like this.
  5. Aisone

    Aisone

    What does IB do if the account doesn't have enough cash for overnight margins?
     
    #25     Aug 10, 2022
  6. mervyn

    mervyn

    liquidate
     
    #26     Aug 10, 2022
    murray t turtle likes this.
  7. Aisone

    Aisone

    Mine was a stupid question. I guess I was wondering if they penalize the account beyond that in some way, or give you '3 strikes', or something like that.
     
    #27     Aug 10, 2022
  8. mervyn

    mervyn

    for the brokers is just money, meet your margin and you will be ok. the penalty is on your loss, not theirs.
     
    #28     Aug 10, 2022
    MACD and Aisone like this.