Recent content by DayTrader101

Thank you guys for your input regarding the interest and the short positions. Let's now get back to the main point which is how much leverage a PM account can give you, I know its not as simple as saying 6x or any fixed ratio but atleast I need to have a feeling of it for only stock positions...

I'm reading some of the most weird info in this thread :) to my knowledge IB pays you interest for your short positions not vice versa

Dav, I've tried the demo account of the PM, I entered 10 positions for different equities some long some short, there was increase in leverage but not much less than 5x am I missing something here ? and regarding the interest for overnight positions over the account balance do you...

I didnt apply yet as I need to get a better idea about how it will benefit or be a drag on my trading style so what about the intraday leverage ?

I use many brokerage firms mostly IB, MBTrading and Genesis. But I'm still puzzled by how I would take positions overnight above my account balance and not paying interest regardless if its portfolio margin or not!

getting 6x overnight without paying interest ?!! I think I am not getting this right, what I know is that I dont pay interest for the intraday leverage but anything overnight that is above my balance I would be paying interest for, am I missing something here ?

I'm really confused by how the portfolio margin works for equities. If I only trade equities, no futures or options, does the new portfolio margin increase my 4x intraday leverage ? and what about the 2x overnight leverage ? assuming my portfolio is composed of only equities Can someone...

zero replies is very encouraging indeed :) come on guys, any positives or negatives ?? PM me if you don't want to post here. Atleast somebody should say hi :)

Hi everyone, I am looking into trading with a prop Firm remotely, I am not licensed so I can't join the big names :( I've been looking into www.TradeVisionCapital.com they are sub from genesis. Anybody has any experience with these guys and like to share it with me ? Thanks.

My conclusion about RedSky from the posts here and some PMs I received is: 1) Few traders right here in ET use them, maybe coz of the minimum requirement they have, although I do believe that being serious in going to market requires not less than $50,000 unless you are still getting your...

Thanks everyone for your inputs and I do expect many more :) DonnaV, I already followed your instructions and thats why I posted my question :) coz redsky is not mentioned here as heavily as other brokers and I do believe that not many people are using them maybe coz they have high minimums...

Dear All, Someone has recommended redsky as a direct access broker for me, I am a day trader trading large number of shares daily > 100,000. I didn't find much talking about redsky here in ET, so I thought to invite anyone who is currently using them or has been using them to share his...