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Saturday, February 06, 2021 10:04:59 AM
I no longer use margin. Back in the 90's I used one. The army were going to announce the contractor of armor vehicals for the war. I over laoded on Force Protection. all studies showed their vehicals were better that Oshkosh. Turns out the Genreals had stock in Oshkos When the news hit Force Protect collapsed. It was a time I was buying and selling gold on the exchange. I did my own candlestick charts. Gave the broker my peramiters each AM. Things could get pretty wild especially in the grins and potatoes. One day gold poped and droped and poped and droped. I was in small contratcs but made $7500 that day. I noticed guys getting stuck in some grain trades. moving margian limits and trapping them for days.
I cannedl my trading on the baord and my margin accoaunt. You get on the wrong side of a trade and you are libal for all losses.
I haven't had any commission chages from schwab except a few pennies on options. My IRAs don't do options I do like to sell coveeerd calls.
I suspect I am at least 10 years older than you. I'm in fly over country I suspect you are on a coast
Have a good weekend we are going under zero. If it hadn't been for this virus we'd be in FL or AZ for a few weeks this time of year I have a tremmor Often I hit doubles or miss a key. Takes forever to do these.
My DR said coffee aggravates it alcohol alleviates it. At the time I was drinking 5-6 cups a day. He said better make it Irish coffee. I no longer drink coffee Scotch is much better but I don't do it until night.
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