Access to Leverage

Discussion in 'Risk Management' started by eest13, Mar 2, 2009.

  1. eest13


    Hey guys,

    Please help, I am looking for leverage. My strategy is to hold on to my positions for a couple of months and thus prop firm would not be sufficient for me (because I do not trade a lot of volume on daily basis). I'd like to get access to more leverage than regular retailer broker would offer (2x).

    I'm currently saving up my paychecks and living off the credit cards, but was wondering if there is a more efficient way to gain access to $$..

    I'd appreciate any advice.

  2. How long have you been trading?

    You sound like you're on a fast road to destruction.
  3. eest13


    2 yrs. I know what it sounds like, but I believe I'm ready for the next step.

    The problem is I need to trade high daily volume in order to get any leverage from a prop firm, but that's not really my strategy.

    Do you know of another way to obtain leverage?

  4. Baywolf


    If you don't have the money right now, I can't possibly see how you could stomach a market move against you while leveraged.

    One tends to look at money differently when you have it, vs. struggling with it.