Keep brokerage account small? | Psychology and Money Management - futures trading strategies, market news, trading charts and platforms

Psychology and Money Management

This forum is where successful traders spend most of their time and where struggling traders never visit. The psychology and money management forum is where you learn to become a profitable day trader


Keep brokerage account small?

  #6 (permalink)

Legendary Market Wizard
Dallas, TX
Trading Experience: Intermediate
Platform: NT, TS
Broker/Data: IB, Oanda
Favorite Futures: ES, MES, MNQ, MYM
kareem40's Avatar
Posts: 653 since May 2010
Thanks: 1,737 given, 864 received

MiniP View Post
whats the min to get the 2% and is it like a money market account??


It's a fixed interest of 1.9ish% , similar to a saving account, and it goes toward any unused margin. The minimum is 10K, I believe, they better rates for 100K+. Another advantage, is low rates on margins, if needed.

And no, I do not work for them


Follow me on Twitter Visit my Facebook Visit my futures io Trade Journal Reply With Quote
The following 2 users say Thank You to kareem40 for this post: