Keep brokerage account small? | Psychology and Money Management


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Keep brokerage account small?

  #9 (permalink)

London UK
 
 
Posts: 13 since Mar 2017
Thanks: 0 given, 15 received

I like to keep my balances small enough to reduce some counterparty risk but large enough to have flexibility with multiple contracts, holding positions overnight etc. I dont want to be continually transferring money around.

Depending on your trading capital I also like to maintain at least 2 (ideally +3) funded accounts to disperse some counterparty risk, allow for outages, unforseen circumstances etc.

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