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Hello Robert,
I found that you look familiar with a Canadian account and Interactive Broker.
I have a big problem with IB and intraday loan fee. I trade in the US with my IB account in Canada. I also use DAS as a platform.
Here is my problem: I was getting use to have some variations sometime with the exchange with my Canadian $ account: -50$ or -100$, -200$. Sometime it give me +50$ or +100$ but this is more rarely.
I trade the US stock but at the end of day, with my daily report, IB close the day and make the calculation for the exchange CAD versus USD.
- In January, I lost 585$ US just with the exchange
- In February, I lost 420$ US again with the exchange.
- And on Monday this week, March 9 2020, I lost 750$ US with the exchange USD/CAD!!!
- I can’t believe that a US citizen would make a nice trading day of 305$ US with 22$ commission and end up loosing 750$ with the exchange, 3 trades on $AAPL, $AMD and $NVDA
I call IB last week to change my Canadian account in US$. They told me that it goes with the country of residence. The guy was not really helpful.
With one of your post, I understand more how it work when I buy in USD with my CAD: https://ibkr.info/node/722
I CAN’T CONTINUE TO TRADE WITH THIS SETUP… I NEVER KNOW WHAT WOULD BE THE RESULT OF MY TRADING AND LOOSING TO MUCH MONEY WITH CAD/USD
Today, since all line where busy at IB, I tried the chat. The guys told there was noting to do even if I challenge him that it's impossible that a America with a US account would pay 750$ for making 305$.
With this setup, I have no choice but to change Interactive Broker for another broker that would accept to open a account with USD.
Any advice and recommendation would be really appreciated.
Thanks,
Stéphan
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Hi Robert, how are you ?
Any chance you know how to use fibonacci tool on DAS to create this 1R, 2R etc so it tells you nicely where it is your stop loss and profit targets....
Thank you,
Dan
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Hi Robert, I can't open below link:
https://drive.google.com/open?id=1dvYeQWIqf7DQeiEy_C6XeDWth9L_Bjh
would you please email me the excel files ? [email protected]
thank you.