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We don't give 4:1 leverage on cash, no margin capability on options unless they are leaps hmm
My leverage of 4:1 on equities as a day trader status. The net losses were based on total losses on the underlying options value. I didn't trade leaps. I kept it closer. I also traded weekly options as well.
I'm not sure who "we" on the leverage but I had the capabilities.
I thought indices were unmanaged and couldn't be invested into directly? At least that's what the disclosure on the index chart that comes with my advisor's newsletter says.
You as an investor do not manage the index holdings. You can buy funds that mimic the index. Many ETFs and mutual funds do this.
A buy of S&P-500, Russell, Nasdaq 100, etc......will do what I described above. Check vanguard, SPDR, everyone has their own product.
My leverage of 4:1 on equities as a day trader status. The net losses were based on total losses on the underlying options value. I didn't trade leaps. I kept it closer. I also traded weekly options as well.
I'm not sure who "we" on the leverage but I had the capabilities.
Major brokerage firms aren't giving you 4 times leverage
look under buying power. Obviously you have never day traded before
You didn't have a 4:1 credit limit, you had intraday capabilities of 4:1, if you didn't close out before the end of the day the standard 2:1 would come into play the following trading day and you wouldn't have 4:1 that trading day. That's a far cry different to saying you had 4:1 leverage on your cash
I did not say I was holding onto next trading days the heavy trades. The heavy speculative options trades were opex day. You just did not understand the post I wrote.
I did not say I was holding onto next trading days the heavy trades. The heavy speculative options trades were opex day. You just did not understand the post I wrote.
You actually said you had 4:1 leverage and a credit limit up to 600k. It certainly isn't a credit limit you describe but rather day trading buying power. You also don't simply have 4:1 credit but rather intraday max leverage on your excess above the maintenance requirement from the prior days close of business.
You actually said you had 4:1 leverage and a credit limit up to 600k. It certainly isn't a credit limit you describe but rather day trading buying power. You also don't simply have 4:1 credit but rather intraday max leverage on your excess above the maintenance requirement from the prior days close of business.
See post #26.
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