account management

Discussion in 'Trading' started by stinger, Nov 19, 2008.

  1. stinger


    Hi, I was wondering how many of you are using multiple brokers (for futures). I've come to a point where I don't feel comfortable having so much money at one place (nice problem to have (-:). It's been a great year and was wondering what the big accounts do. I don't trade more than 10 cars at a time on nq, es and ym.
  2. Surdo


    It is always a good idea to maintain a second, "back up" account, in the event your primary broker has a technical issue, and you need to hedge your position.

    I sweep my account regularly and only keep the minimum amount needed as a performance bond.