Hi all, I'm a 13-year veteran retail stockbroker aiming to make the switch to trading or PM. After attending Wm. O'Neil's CANSLIM advanced investment workshop back in 1991, I have done quite well. Returns for some clients were as high as 22% in 2002. Most picks using the methodology have taken between 1 and 9 months for movements as high as 156% after purchase. It seems day-trading firms may be out of the question since most require closing all positions by the bell. Any suggestions for hedge funds or trading firms for further investigation? Thanks in advance!!
Actually most daytrading firms don't have a problem with you holding positions longer term if you put up some capital. Depending on what kind of trading you are doing, you can get some big leverage on overnights too. I'm in trades for over a month quite often, and am leveraged 20:1 almost all the time. All fully hedged positions though.