How many accounts do you keep?

[jdegg79]

Just wondering how many people out there have multiple accounts and what purpose does each have? For example, you may have one account for day trading, another for swing trading, and another for position trading. How do you separate your accounts and do you trade in multiple time frames?

 

[OptionsOptionsOptions]

• 2 accounts with 2 different brokers.
• TD and BMO Investorline.
• Options trades on both.
  
• If one account is down for some reason I have access to the other.

 

[wrbtrader]

Just wondering how many people out there have multiple accounts and what purpose does each have? For example, you may have one account for day trading, another for swing trading, and another for position trading. How do you separate your accounts and do you trade in multiple time frames?

Day trading, swing trading and investments...all via different brokers (different countries). Simply, don't put all your eggs in the same basket because if something goes wrong...you don't want everything to go wrong at the same time.

wrbtrader

 

[MattZ]

Just wondering how many people out there have multiple accounts and what purpose does each have? For example, you may have one account for day trading, another for swing trading, and another for position trading. How do you separate your accounts and do you trade in multiple time frames?

One category that some traders separate by is the amount of margins required for day trading by the different FCMs. But you can also consider the cost of platforms, the variety of data feeds, etc.