t+3

Discussion in 'Prop Firms' started by youtellme, Jun 3, 2011.

  1. i gotta get out everytime im short with my current firm.

    how do i get around this, in order to hold longer. i literally know nothing.
     
  2. rmorse

    rmorse ET Sponsor

    You'll need to provide examples. Does your firm not allow over night positions, or are you shorting REG SHO stocks without locates or pre-borrows. Many small prop firms don't have the capital for your leverage over night.
     
  3. for example im short 100 shares mon and long pot. i have no problem keeping the long, but i cant keep the short and have to cover after a few days.
     
  4. rmorse

    rmorse ET Sponsor

    MON is not hard to borrow. What was their reason? There are too many reasons for me to guess. When you're within a JBO/Prop firm, they can make their own rules and you have to follow them.