Any reason to worry about our own broker?

Discussion in 'Trading' started by HotTip, Mar 17, 2008.

  1. and the trading model used by ltcm probably makes th's look like a 6th grade project.

    what's your point?
     
    #31     Mar 18, 2008
  2. MartinS

    MartinS

    what about Harris bank ?

    Harris Trust and Savings Bank is the bank that RCG uses
     
    #32     Mar 18, 2008
  3. No one will ever have a 100% garantee.
    Your money will always be safe until it is not safe anymore. But by the time you will know that it isn't safe anymore it will be too late. That logical no?
    That's the way it goes everywhere, banks brokers, big companies, small companies, a friend you lend money to......


    Conclusion: never put all your eggs in one basket.

    Trade through several brokers. The possibility that they will all go broke is minimal.
     
    #33     Mar 18, 2008