Overnight Buying Power

Discussion in 'Prop Firms' started by wardog1, Nov 1, 2010.

  1. wardog1

    wardog1

    I have been a fulltime retail trader for over three years, and I'm looking for a prop firm that will give me some decent overnight buying power (at least 5:1) anybody have any suggestions for me. Thanks in advance.
     
  2. Maverick74

    Maverick74

    I think all prop firms offer that. Maybe shoot a little higher.
     
  3. wardog1

    wardog1

    thanks for the reply, I'm only getting 2:1 from all I've spoken to. I'll continue looking.
     
  4. if your retail account is big enough ask them if you can apply for portfolio margin which is 6:1. It seems $100k is the high water mark for a lot retail account to be avail for portfolio margin

    but the 2 most popular overnight prop firms around here are Bright and Echo.

    www.stocktrading.com

    http://www.echotradeonline.com/