Question about overnight positions and prop firms
Hi
I am new to this forum so please forgive me if this is not the correct category to have placed this thread.
I wanted to know if there were any good prop firms out there that accept international traders and also accept over night risk. I am strictly anti day trading and keep positions over few few weeks to few months.
Right now i am facing liquidity issues and am under capitalized. Any help or guidance this way would be highly appreciated.
Thank you.
Just to add a bit more..I am only interested in Equities no forex or futures etc.
we allow proven long term strategies but you have to start small but we dont take experienced traders...
Hope meant inexperienced traders! otherwise your statement makes no sense.
but how would you have a proven long-term strategy with no experience?
no he meant experienced traders that is why Trillium's model is confusing.
First New York Securities may be an option.
Most of those "Prop" trading firms are not in fact interested in the profit / loss of the trader. Instead, they are only interested in how much volume the trader makes.
Why? Because this way, they profit from the commissions. So in fact they wanna sell something. Most of them want additionally sell training.
Now what you basically need is to find a prop firm that focuses on your P/L. This brings a few problems though:
Ideal would be the following:
Problem is that such a service probably might not exist. So in my opinion, you are way better off "trading at home alone" with a retail trading firm like for example Interactive Brokers.
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