A recommended firm that allows overnight holds

Could anyone recommend a remote prop firm that is not focused on day trading? My strategy is a 10-90 day hold.

Thanks,
Brennen

 

how does the prop make money off such an arrangement?

 

Maybe a prop firm is the incorrect type. The real question may be more of this. What would be a great way to monetize a buy and hold, max 90 days, strategy that has proven itself? I am not really sure of where to start..... besides my own money. What kind of firm could I approach that would be open to someone who holds and is not a day only strategy?

Thanks!!!

 

Bright Trading is the only firm that allows overnights.

 

Doesn't exist.

 

I don't think any prop firm is going to hold the amount you want to overnight, unless your properly hedged.

 

I'm not going to tout any firms here, but I can assure you that there are prop firms (other than Bright) that will allow overnights .
You're best bet is to make a list and call around for yourself and actually talking to people in biz/dev and risk management.

And as to the questions, "whats in it for the prop firm?", there are plenty of firms out there taking a cut of profits.

Best of luck.

 

When most posters ask the question, usually (not always) they are looking for places with small deposits. THAT you are not going to find. Most the "reputable" firms I know would want 50k to open an account. And to be honest, any firms that take less, you probably don't want.

 

I agree.

 

"not going to tout any firms here"
bs.
giving out names is not touting. you sound like a fake medicine man. why you are doing it, who knows.

no firm in its right mind without a substantial deposit and strict concentration rules will leverage a trader overnight.
retails are reducing intraday leverage on volatile stocks.

the nonsense posted on this board is endless.

also my instinct tells me that the OP does not have a track record which would be acceptable to a firm.