If I reach a certain level of realized profit during the day (1k for me) I want to retain 80% at worse. I will continue to trade but if at any point my P&L pulls back 20% from the highs of the day I will stop trading.
Yes, direct access is available to everyone. You need a minimum $25k (SEC rule)although there are a few LLCs that will put up the capital for you and you provide the risk capital (usually about $5k)
that fading move was good, havn't seen many do it live,..
jokepie 3 years ago
Comment removed
eanderson59 3 years ago
What is the 20% rule that is mention at the end of the video?
andrewmcbridee 3 years ago
If I reach a certain level of realized profit during the day (1k for me) I want to retain 80% at worse. I will continue to trade but if at any point my P&L pulls back 20% from the highs of the day I will stop trading.
andyatm2000 3 years ago
Siemen got killed today.
daejinko100 3 years ago
Very nice platform, orders are easy to place, how do I get one like that? Is direct access available to individual traders?
KillerSDFormula 3 years ago
Yes, direct access is available to everyone. You need a minimum $25k (SEC rule)although there are a few LLCs that will put up the capital for you and you provide the risk capital (usually about $5k)
andyatm2000 3 years ago
>>although there are a few LLCs that will put up the capital for you and you provide the risk capital (usually about $5k)
Could you tell me the names the brokerages you know of that offer this feature?
Wizardkiss 3 years ago
what a balsy move on YHOO
casanova1012 3 years ago