Rebuilding The Dumpster Fire

Discussion in 'Journals' started by Max E., Jan 8, 2025.

  1. Max E.

    Max E.

    Man IB is so effing bad they are showing me as if I bought the QQQ at 3.22 per share and i have called them multiple times to try to fix it because thats goign to be a huge tax loss....

    upload_2025-1-17_2-51-16.png


    I did a position transfer from BMO and i use that position to trade but now its like WTF am I supposed to do when you show me as buying QQQ from 3.22 per sharem they have told me they would fix it and no one seems to be able to do it.
     
    #121     Jan 17, 2025
    NoahA and Drawdown Addict like this.
  2. If you had bought it at 3.22 you now would be a freaking billionaire. Also if we look at historical prices it has never been at 3.22. :D
     
    #122     Jan 17, 2025
    Max E. likes this.
  3. Max E.

    Max E.


    Right? I said exacly that to them, I was like how the fuck could I have bought it at 3.22 did i have an account in like the 1940's lol
     
    #123     Jan 17, 2025
  4. Max E.

    Max E.

    The thing that is the most frustrating is that I am a net seller on the QQQ's and this fucking position cuses me to try shorting the futures or buying puts cause its the only way to hedge it, IB has no urgency to fix the situation.
     
    #124     Jan 17, 2025
  5. Max E.

    Max E.

    If i sell it here the way they have it set up im taking a 100k tax hit

    upload_2025-1-17_3-6-44.png
     
    #125     Jan 17, 2025
    Drawdown Addict likes this.
  6. #126     Jan 17, 2025
  7. Max E.

    Max E.

    Man I have literally had them on the phone explained it, and walked them through the position they tell me if i just click a couple buttons it will work and it still ends up like that.

    There is no fixing it lol i have given up on it a long time ago.
     
    #127     Jan 17, 2025
    Drawdown Addict likes this.
  8. Max E.

    Max E.

    Dumped the QQQ puts added to MTDR, PR, and WES
     
    #128     Jan 17, 2025
    TrailerParkTed likes this.
  9. Max E.

    Max E.

    Tempting to rebuy BTC as its holding over 100k now
     
    #129     Jan 17, 2025
  10. Max E.

    Max E.

    Funds still way under weight in oil, they are just starting to buy now if we get through 80 bucks a barrel this year these things could really pop.

    Funds were also obviously bigger sellers so far in January, obviously as per chart three.

    Credit to @wallstjesus for posting these on twitter.
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    Last edited: Jan 20, 2025
    #130     Jan 20, 2025
    TrailerParkTed likes this.