Commissions here in the U.S. can be much less than the slippage on low volume stocks. I think only a scalping strategy on higher volume stocks...
You can use the cash unless you are a "pattern day trader". This categorization affects some accounts less than $25k (?).
I use to trade this spread a lot. It didn't work as well after RD got booted out of the S&P 500. Sometimes there are inexplicable variations....
jwishcamper, You're right. I did not read the subject closely enough. No penalty that I'm aware of for underpaying estimated taxes. It's...
I agree with easyrider and dustin. On occasion when my profit objective has been met and the spread not too much, I have exited pre or post...
In addition to interest, they automatically hit you with a negligence penalty (I think around 10%) if your underpayment is more than a certain...
I'm more likely to curse out the bad trades then cheer on the good ones.
How could all the shorts be paid? If there isn't sufficient capital in the long's accounts, they will receive a margin call. Except they don't...
Even though I'm a CPA, I don't specialize in taxes. But I would say you must refile the returns. You can deduct up to $3k in losses a year (less...
IB customers agree to a confidentiality agreement regarding the notes which might account for the thread disappearing.
There's nothing wrong with putting in an order to bully or scare the specialist or market place in general. After all, why you place an order...
Investigate the new pre-paid tax accounts for self employeds that I believe just started on January 1. It requires taking out a policy that...
Do what I do. Train your spouse/significant other to follow your phone commands and get you the information you need. I do it all the time and...
My experience is the same as sprstpd. You see your order get displayed but at a price that ensures an uptick.
As I recall, one of the recent IB gripers had a PhD in math or stats. Maybe he could provide an expert opinion as to whether or not the IB...
I'll take a guess. Suppose a company has 1000 shares outstanding and is paying a dividend of $1 per share. All 1000 shares have been borrowed to...
I would not compare the commission structure between IB and Brown & Co. I have accounts at both. While it is true that the commission on a 5k...
I prefer trading a stock that has some real underlying value. Certainly some NASDAQ stocks could trade on NYSE and some NYSE stocks are garbage,...
A related question. If you buy a stock the day before it goes ex-divident in after market hours, do you still get the dividend? For example, you...
Interactive Brokers does not charge the SEC fee.
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