IB raised NG margins to ridiculous levels!

NG going to be negative?


simply change the broker.
other broker's margin is $2500

 

It used to be like that. In the good ole days ,I used to be able to throw around 5-20 NG contracts easily. With these new high margins, it's hampering my style.

 

nothing much we can do as it is up to IB to decide on margin requirement.

change the broker and you will find the margin requirement could be so much lower.

But I still have IB because there are other plus points.

I am sure IB is very scared of another newbie trader who trade
oil contract with few minutes to expiration.

 

Why have you got your net worth in IB.

With the $500 brokers you only need to deposit 10 or 20,000, and if they blow up that is all you will lose.

If high percentage of net-worth at IB, if they blow up, you will be ruined.

 

Who do you suggest?

 

that's bc not everyone just trades futures at IB, people also trade their IRAs

 

You need to roll to the "sep" future which will display as Oct on your screen as you are within the notice period where margin increases - in other words, get out and roll to the next month.

 

Surely enough They need You to teach them about risk management.. lol

 

I wasnt the one who lost $120 million in CHF and then $90 million in CL because i didnt read the CME memo.

 

In CL They weren't alone.. BTW They are rich enough to get some hit here and there so who really care.