Interactive Brokers

Interactive Brokers is a damn good brokerage account where you can trade stocks, options, and futures, I've been amazed by this brokerage account for years. Sometimes some glitch happens, but nothing too serious - one such glitch happening - is a missing Portfolio tab in Classic TWS. I should note I have faced this on my MacBook only - might be or not be related to the TWS versions, not sure. It happens when you log in to the TWS, there is no Portfolio tab: In my case it was showing only…

I've been trading stocks for about 20 years, I still remember the days around the millennium when I visited the bank office in person to place a stock buy or sell order.  Not so long away, me too - I was on the searches for the best online discount broker. My online searches found Degiro and Interactive Brokers. Back when I was looking to open my account, Interactive Brokers asked for a minimum deposit of USD 10,000, which I didn't have at that moment. And then a blog reader pointed to the…

This is a quick tutorial on how to setup / enable charts in Interactive Brokers to trade stocks, ETFs, indexes e.t.c. For the last couple of months I've been trading 0 DTE SPX, for charting using either Google Finance or Trading view - both are great to get a basic view on what's happening. Google charts are indeed great to follow up on what's happening, while Tradingview offers some customization, like to add RSI and many other indicators. But as I'm using TWS platform form Interactive…

This article has been in the blog's draft section for a couple of months and as it still bears some useful information I decided to publish as it is with little comments at the end. On August 13, 2019 I made my first Iron Condor trade - I sold following IC SPY AUG 14'19 294 / 284 / 293 / 283.5 @ 0.51 This trade was with a 1 day to expiration (DTE), I collected 51 USD from this trade, and paid in fees 9.6 USD (Interactive Broker charges each direction, and Iron Condor consists from 4 legs - 2…

A time ago I opened a brokerage account with Lynx Broker, which turns out is affiliated with Interactive Brokers. As I opened my account from Europe, by default my base currency was set to EUR, which in fact is nice and neat, as SEPA transfers from my bank to brokerage account happens almost instantly (in the same day). Now, as I started to acquire US stocks, I noticed I have a negative balance in USD currency (while still positive in EUR). I started to explore and found the following link: …