IB: I shorted 1 mini SP; IB says I'm down more than $10,000

Discussion in 'Order Execution' started by Q.E.D., Jan 27, 2022.

  1. I have traded with IB for over 15 years now and hardly ever has accounting been wrong. With almost 100% certainty you made a mistake here.

     
    #21     Jan 27, 2022
  2. You traded with IB for 20 years and are unhappy with them for a long time and kept looking for other brokers all along? Sorry but this sounds like you love to torture yourself or made up a big story.

     
    #22     Jan 27, 2022
    murray t turtle likes this.
  3. Q.E.D.

    Q.E.D.

    Clearly you are a psycho-analyst, & can achieve that via some e-mail messages. Too funny, if not so pathetic.
     
    #23     Jan 27, 2022
  4. Collagen

    Collagen

    I agree. What You are seeing happen sometimes to me as well. What I do to track daily P&L is via the net liquidation value which is always correct. If You trade Asian stuff is easy get the daily P&L screwed up due to the time of instrument specific reset
     
    #24     Jan 27, 2022
  5. Q.E.D.

    Q.E.D.

    More: Very odd, you are more concerned with my psychology, rather than IB, tech issues, mkts, etc., etc. Good luck with your therapy.
     
    #25     Jan 27, 2022
  6. Daily Pnl is not screwed up but impacted by the daily resets for each instrument as you said. I would not call that screwed up but intentional and in some use cases this makes perfect sense. Not saying IB is perfect but some want to nag about every nitty gritty detail.

     
    #26     Jan 27, 2022
  7. No, I find it amusing that you make an elephant out of a mosquito. And then attack everyone who corrects you.

     
    #27     Jan 27, 2022
  8. OP is a star, one of a kind. 20 years trading with IB and still trying to understand the unrealized PnL.
    First trader I know that sleeps listening to a market price, and we thought that the Chinese water torture is insane.
     
    #28     Jan 27, 2022
    Poljot, Laissez Faire and Clark Bruno like this.
  9. SteveM

    SteveM

    I've had incidents with IB where realized profit was way off.....earlier this week I bought an ETF....then 3 days later I bought some more of the same ETF....then a 2 days after that I sold half of the position, and then sold the remaining shares the following day.

    The trade was profitable, but IB "realized profit" said I had lost $5500 on it. Second time I have experienced this type of error. Usually happens when I buy the same security twice without liquidating and then liquidate the positions on different days.
     
    #29     Jan 27, 2022
  10. To be clear, I have no beef with the OP and he seems like a great guy, but this was f**cking funny. :)
     
    #30     Jan 27, 2022
    guest_trader_1 likes this.