To clarify, portfolio margin requires a more balanced book. The Firm looks at each position individually and as a portfolio to come to portfolio margin. What overnight aum are you looking for?
I can't speak of Coastal but I will tell you it is not sinister to hold the money for a year. It is a rule. If not you would be a client and not a member.
Any questions I can forward the reg.
I've read a significant amount of the threads on Elite Trader and I wonder if the focus is a bit off. Our Firm has a mandate of fostering a culture of collaboration, sharing of ideas, strategies in an environment which is class A. This breeds success. Many of the posts discuss payout as the...
Opening an IB account and trading for yourself initially is good advice. Build a track record and confidence. Develop your methodology and risk controls. I have a Prop Trading Firm in Boca Raton. We only bring on traders with experience, liquid net worth and fit the culture.
Best of...