10/22/2020 Live Update

[BullBear52x]

Plan the trade and trade the plan, RED team it is. tick tock tick tock....

[Cobra]

Break down to a new day low with strong bear bar then it could be a downtrend day today.

[te_fern]

I'm with BB52, trading the short side....

[te_fern]

Watching my stop here, getting harder since the sell-off was pretty strong....

[BullBear52x]

ES bigger picture, someone will have to name their first son STIMULUS or this will get ugly real fast.

[BullBear52x]

I am selling now, as planned, sell MA resistance, if down trend should occur this is it.

[BullBear52x]

Another sell spot is at Come2papa. sooo....lets do it.

[BullBear52x]

TOS TD Ameritrade margin requirement on one ES contact is now up to $17300.00

when they raised margin requirement the out look is not so bright, just saying.

[Cobra]

So it's just a range day.

[BullBear52x]

see? comes in right along. now do or die for the bulls.

[Al_Dente]

TOS TD Ameritrade margin requirement on one ES contact is now up to $17300.00

when they raised margin requirement the out look is not so bright, just saying.

Is that new today boss, or did they up it a while back?

[1980_GeorgeK]

TD Ameritrade margin requirement on one NQ contact is now up from to $23,600.00, up +35%. Crazy increase.

[Al_Dente]

she says they are near a stimulus deal

[BullBear52x]

TOS TD Ameritrade margin requirement on one ES contact is now up to $17300.00

when they raised margin requirement the out look is not so bright, just saying.

Is that new today boss, or did they up it a while back?

recently from 13400 to 17300 since I just click buy and sell I didn't pay attention to it until now. within a week since I was gone last week and just back yesterday. didn't care to read my mail either.

[1der]

TOS TD Ameritrade margin requirement on one ES contact is now up to $17300.00

when they raised margin requirement the out look is not so bright, just saying.

That $17,300 is ~346 ES points of cushion. "It's just a flesh wound"

From Interactive Brokers last Saturday:
Dear Client,

In light of the potential market volatility associated with the upcoming United States presidential election on Tuesday, November 3, 2020, there will be a temporary change in Soft Edge Margining that will be effective for trade date Monday, October 26, 2020. Soft Edge Margining will end 30 minutes prior to a product's respective close. Currently, Soft Edge Margining ends 15 minutes prior to a product's respective close.

Soft Edge Margining Background:

An account becomes subject to automated liquidation once the account's equity falls below the minimum margin requirement of the portfolio. However, to allow clients the ability to manage risk prior to a liquidation IBKR calculates Soft Edge Margin (SEM) during the trading day and will generally allow a client to manage risk, without automated liquidations, where the margin deficiency is <= 10% of the account's NLV. When an account falls out of SEM, the account will become subject to automatic liquidation to bring the account back into full margin compliance.

Please note that we reserve the right to restrict Soft Edge access on any given day and may eliminate SEM completely in times of heightened volatility.

Regards,
Interactive Brokers Client Services

[Al_Dente]

1) call buying
2) it’s clearer when you look at the VOLATILITY traders actively trading the VOL ETFs
same scale

[BullBear52x]

strong bulls 10 handles squeeze, bears will have to be quick and nimble, but that makes it a good fight nonetheless.

[te_fern]

Back in the range, back tested lower line... time to go play golf! LOL!

[Al_Dente]

THANK YOU BOSSES

[1980_GeorgeK]

Futures INCREASED effective Sunday 18 Oct, ES was 13,200.00 and $17,300, increased by 31%.
NQ increased by 35%, total rip off