Ib serving notice to all you gamblers and risk takers

Discussion in 'Interactive Brokers' started by NewTraderAdventure, Mar 13, 2020.

  1. lindq

    lindq

    I've found with IB that when they've restricted or limited trading in an instrument, there's generally been a good reason for it. And in some cases it has forced me to reconsider a stupid move that I was about to make, and helped to save me from myself.
     
    #11     Mar 13, 2020
    KCalhoun and nooby_mcnoob like this.

  2. Ib will survive longer than gibberish hating d08
     
    #12     Mar 13, 2020
  3. d08

    d08

    Not for me. When my exposure expands dramatically, it's always diversified, so their risk control measures are highly dysfunctional for me. I mean if I'm long index and short a equities (with positive beta) for example, and all are treated as risk increasing trades, where is the logic in that?
    I understand that many are heavily gambling, especially nowadays and those traders need to be controlled by the brokers as they cannot or will not do it themselves. But to throw everyone in the same boat is "unfair".
     
    #13     Mar 13, 2020
    athlonmank8 and Overnight like this.
  4. d08

    d08

    I've had the best start of the year in over a decade, thanks for your input though.
     
    #14     Mar 13, 2020
    nooby_mcnoob and zdave83 like this.
  5. Ignore the guy you were replying to he's an idiot who doesn't trade and can't spend more than a thousand Canadian on his equipment.
     
    #15     Mar 13, 2020
    d08 likes this.
  6. tonyf

    tonyf

    Who do you trade with?
     
    #16     Mar 14, 2020
  7. d08

    d08

    IB, that's who we are talking about right?
     
    #17     Mar 14, 2020
  8. JamesJ

    JamesJ

    Use Portfolio margin!
     
    #18     Mar 14, 2020
  9. Im on RegT and i cant say how much disappointed I am with IB letssay you have 20% cash. Now everything falls 20% instead of sitting it out you are FORCED to sell when everything dropps 20% (their buffer). It sucks big time. They even refuse the change to a cash account in this moment. Had I been at TD Ameritrade everything would have went smooth but no, the best retail broker among all just makes you eat your losses.
     
    #19     Mar 14, 2020
  10. d08

    d08

    Have been for close to a decade.
     
    #20     Mar 14, 2020