Posted by DigiNomad on 12th of Oct 2022 at 11:48 am
Exactly. I used the spread to reduce the margin hit. Still a
much better 30-day return than what I get with cash at interactive
brokers...which is around 2.5%
Posted by DigiNomad on 12th of Oct 2022 at 11:55 am
I have a 'portfolio margin' account so the margin calculations
take into account the risk of each position via algorithms. I
barely took any hit to margin on this trade but a standard margin
account would be fairly significant with a 300 point wide spread.
Come to think of it, it's probably not worth it unless you have a
portfolio margin account. That didn't cross my mind when I first
posted. Sorry.
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Exactly. I used the spread
off topic fun while we watch the consolidation and try not to over trade
Posted by DigiNomad on 12th of Oct 2022 at 11:48 am
Exactly. I used the spread to reduce the margin hit. Still a much better 30-day return than what I get with cash at interactive brokers...which is around 2.5%
I have a 'portfolio margin'
Posted by DigiNomad on 12th of Oct 2022 at 11:55 am
I have a 'portfolio margin' account so the margin calculations take into account the risk of each position via algorithms. I barely took any hit to margin on this trade but a standard margin account would be fairly significant with a 300 point wide spread. Come to think of it, it's probably not worth it unless you have a portfolio margin account. That didn't cross my mind when I first posted. Sorry.