Investing to become financially independent
Investing to become financially independent
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Ah ok. Don't forget to filter according to average daily volume of securities >100,000 dollars (see ebook "With what volume"
Ok.
For margin accounts, the big difference is that when you place a purchase order, it draws cash in the currency of the security in question, even if you are at zero (and you go into the red in this currency). So you have to rebalance the cash from one account to another, either immediately, or a little later if you want to play a little on the exchange (but not too long anyway because negative interest).
Hi Jerome,
Thank you for these details.
My mistake was trying to buy on a market place not covered by IBKR and had nothing to do with a cash or margin account.
Sorry for not being more present, unfortunately this virus has not helped my workload and has not for months...
Have a nice weekend,
Xavier
Hi Xavier,
Ok, thanks for the info. I was also thinking that it had nothing to do with a cash or margin account.
No worries, I understand because I have the same problem as you. I work endless overtime, it really tires me out. I would like to be able to move forward fully on my personal projects and it limits me considerably. At the same time I don't want to complain because many are in a nameless mess much worse than me, because of the closure of their establishments.
What a paradox, some work like crazy and others are unemployed... This Chinese virus exacerbates the inequalities of the Rat Race.