With more than 100k you can open a portfolio margin account with IB and get 6 times leverage if you adhere to certain risk controls. Works like a charm.
We'll you're right, up to 6 times on options if diversified, 3:1 on concentration risk (me) that is great. Too bad it doesn't work on equities. This could shoot my profits through the roof.Quote from alphastocks:
With more than 100k you can open a portfolio margin account with IB and get 6 times leverage if you adhere to certain risk controls. Works like a charm.
This are 2X ETFs for indexes.Quote from sprtrstnc:
The ETF equivalent of the stock I trade doesn't move as much as the equity. Did you have something else in mind. I'm assuming you meant the ETF may have more volatility?
I talked with echo and they were only interested in a trader with a large amount of trades - I assume thats how they make their money. Anyways I've been doing alot of research on prop firms (bad reputation).Quote from NYOBScalper:
I'm surprised no one has said this...
go to a prop firm and negotiate. You'll need a series 7, but with that, they can give you as much leverage as they trust you with. Getting 4:1 or 6:1 overnight shouldn't really be an issue... I'm pretty sure Don Bright's firm will give you that, I think echo will, schonfeld, probably assent... just checkout the prop firms.
Quote from sprtrstnc:
We'll you're right, up to 6 times on options if diversified, 3:1 on concentration risk (me) that is great. Too bad it doesn't work on equities. This could shoot my profits through the roof.
Thanx again.