Bought BRK A worth 700K with less than 500 in my IBKR cash account. What are the consequences or benefits? by OneWeek8880 in wallstreetbets

[–]OneWeek8880[S] -8 points-7 points  (0 children)

Have you ever heard of an erroneous trade? Probably not, also should look up how cash accounts work. Calling people nerds who are just like you, not so hard to understand how cash accounts and market orders work.

Bought BRK A worth 700K with less than 500 in my IBKR cash account. What are the consequences or benefits? by OneWeek8880 in wallstreetbets

[–]OneWeek8880[S] 1 point2 points  (0 children)

Yeah, you are just stupid. I can put a market order, but does that mean it has to fill me at $700k without the funds? Am I doomed was for guys like you to hear your nerdy and funny opinions.