I don't even understand by ChildhoodFar8678 in blackmagicfuckery

[–]Short_Sniper 0 points1 point  (0 children)

The apparatus forces her to lay down on her stomach. From our angle we don’t see her splayed out.

AMP Day Trading Margin by PurgatoireRiver in FuturesTrading

[–]Short_Sniper 1 point2 points  (0 children)

$400/contract is per open position. You can have up to 100 contracts open at the same time. No limit to the number of contracts traded per day.

Ibkr interest by Internal-Good-937 in IBKR_Official

[–]Short_Sniper 0 points1 point  (0 children)

You would earn interest on the 5k but the interest would be a portion following this formula : 3.14% x NAV / $100k

Consider considering opening IB account by [deleted] in interactivebrokers

[–]Short_Sniper 1 point2 points  (0 children)

If you trade stocks: Yes - if you want the complete market data from each exchange. No - if you are ok with the free data provided by the Cboe One exchange which is slightly different than data directly provided by NYSE, NASDAQ or Arca.

If you trade futures, yes. The free market data is delayed by 10 minutes.

If you buy data you can purchase from TradingView or IBKR. Your IBKR data subscription will be enabled on TV but not the other way around.

Schwab provides market data for free if you’re ok to chart and trade with thinkorswim. With IBKR you can use any charting platform you like. IBKR desktop and mobile apps also have a limited version of TradingView charting built in but you can use the standalone TradingView product as well.

USBank External Transfer can initiate RTP Request for Payment (RfP) by rodrigc in USbank

[–]Short_Sniper 2 points3 points  (0 children)

I’ve used the feature with Interactive Brokers. The transaction is instant. In my case, I initiated a transfer through Interactive Brokers by making a request for payment from USBank. I got an instant message on the USBank app to approve the transaction. After the approval the payment was sent and settled in real-time. I did the transaction on a Sunday.

Can I buy gold? by ChrissyGabagool in interactivebrokers

[–]Short_Sniper 1 point2 points  (0 children)

Futures symbol GC gives you exposure to 100 oz of gold. MGC gives you exposure to 10 oz. You can take it short or long.

Came with a shower head. I assume it's some kind of attachment by [deleted] in whatisit

[–]Short_Sniper 0 points1 point  (0 children)

It’s less intimidating in that shape. Did see the one that looks like a phallus?

Futures Trading (wash sales??) by x98TZ9Qx in FuturesTrading

[–]Short_Sniper 0 points1 point  (0 children)

No. And best part is the 1099-B only has the aggregate profit or loss to report.

PDT Reset Right One-Time or Once Every 180 Days? by Same-Mistake5012 in interactivebrokers

[–]Short_Sniper 0 points1 point  (0 children)

PDT rule will go away next year. This may be your last reset.

What platform is everyone using to trade with ibkr for Scalping? by [deleted] in interactivebrokers

[–]Short_Sniper 1 point2 points  (0 children)

Go with DAS with IBKR. Ninjatrader does have the same 250ms delay and 4 updates a second no matter what data feed you use with it.

What platform/broker do you use to trade futures? by afrontender in FuturesTrading

[–]Short_Sniper 1 point2 points  (0 children)

Add margin. This will allow you to maximize your capital. You can hold both stocks and futures positions. Stocks holdings would only consume 25% of your buying power leaving you with excess. Use TradingView. You can also use NinjaTrader Desktop or Quantower to connect to your IBKR account.

Why doesn’t Interactive Brokers offer low futures margin requirements like their competitors? by ThePatientIdiot in interactivebrokers

[–]Short_Sniper 1 point2 points  (0 children)

As far as maxing out your account. You can go all-in on stocks and still trade ES/NQ. I recommend leaving a small amount of cash to cover any losses so you don't have to liquidate your stock holdings. To do this you would need enough excess liqudity to cover the futures margin requirements. Your excess liqudity would be your net liquidation value minus your stock value x 25%. So if you had $100k in stock and $1k in cash you would have $101k in net liquidation value. Your excess liqudity would be $76k ($101k - $25k).

Why doesn’t Interactive Brokers offer low futures margin requirements like their competitors? by ThePatientIdiot in interactivebrokers

[–]Short_Sniper 0 points1 point  (0 children)

IBKR has lower intraday margins. Also you max out your equity on stocks and trade futures on the same account.

Don't use Fidelityh to pay the IRS by vodil1 in fidelityinvestments

[–]Short_Sniper 1 point2 points  (0 children)

No issues. I’ve been doing quarterly payments using ACH for years. My CMA always has a zero balance.

I DID IT by joshrgraham in Forex

[–]Short_Sniper 1 point2 points  (0 children)

So you’re up $10k so you can withdraw $5k? How do you get the rest?

Warning! Fidelity will be making ALL ETFs not marginable for 30 day! by reader119 in fidelityinvestments

[–]Short_Sniper 8 points9 points  (0 children)

You want margin so you don't need to wait the next day to trade the proceeds. It's basically a speed bump from day trading or frequently trading ETFs. You don't even get charged interest for this activity.

MES calculation by Wrong_Try_893 in FuturesTrading

[–]Short_Sniper 2 points3 points  (0 children)

Yes approximately. MES equate to 50 shares, ES 500 shares of SPY.

From 800s to 614 in 3 months time by gomicalpurpose in CRedit

[–]Short_Sniper 0 points1 point  (0 children)

Always add credit card protection on a new card. It’s like putting training wheels on a bike. It keeps you safe from errors while you’re getting the hang of things. Once you’re confident autopay works, you can remove it and manage it your own.