On Thursday, December 5, 2013 3:03:23 PM UTC-8, Eugene Kononov wrote: > > CL is the sweet crude oil contract. I don't think it falls under the > "currency futures" category. >
Right. A call to IB tech service indicated that since I am using a cash account, all margins are overnight margins regardless of the time of trade, and I don't get a 50% discount intraday. I misinterpreted the web notification above. CL regular trading hours are 9am to 14:30 EDT. > Right again.. the tech indicated that the 'regular trading hours' for TWS charting and IB (9:30 to 16:00) were just for them, and did not corresponds to the actual hours the exchanges keep. He indicated that they affect the ability to place futures stop loss orders or something like that. This is probably fortunate. I wanted to trade CL since it had a low intraday margin requirement, but now it is the same as ES. I was not being successful in finding a profitable strategy for CL but now I'll follow you guy's lead with ES. This also means I wont get to trade real live until next year when I fund my account some more. It will give more time to work on my strategies. Thanks for all the responses. -- You received this message because you are subscribed to the Google Groups "JBookTrader" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. To post to this group, send email to [email protected]. Visit this group at http://groups.google.com/group/jbooktrader. For more options, visit https://groups.google.com/groups/opt_out.
