i personally blew my top when i got the news. these new rules are going to kill me. i use leverage for every trade. i like to use 1/3 of my trading power for each trade so that i have an opportunity to have 3 positions open at once. i havent been that lucky yet, but it's nice to have that option. i'v had 2 positions open but with these new requirements i'm going to either have to scale back my buys or live with only a possibility of having 2 positions open with 100% of my trading power used up. Your thoughts, opinions, rants, raves, or whatever
Hmm I was not aware, I had to look it up. http://research.scottrade.com/publi...le.asp?docId=7bf99ac8e6514bc9b72ae8dcfee62158 Sometimes I hedge with leveraged ETFs. I'm not going to do that anymore, I can use futures instead.
futures huh? i don't know a lot about trading futures. i'm going to have to practice. is futures trading similar to equity day trading??
better you say? hmmm ok. i'm hooked. are you talking about options?? can i trade futures with scottrade??
ive traded es-mini 500 and the gains are ALOT greater than equity. what are your thoughts on forex and commodities? what is your hierarchy in terms of returns?
i trade only in equities. i don't like indexes; and commodities i feel are only for a long term strategy i have a lot to learn about futures. i understand thev concept, but i'v never traded futures; not sure how "that" market works. so far i understand that its riskier than equities thus the higher rate of return so idk
What if you are trading these at a prop shop like Bright, Echotrade et al? Will people who have say 10:1 leverage be affected by these rules or is it just the same as always?