Jump to content
peterCZ

Broker for swing trading

Recommended Posts

Hi guys, 

which brokerage firm, do you use for swing trading ? Can you use the same margin account for day trading also  for swing trades ? Or can you have one cash type account for swing trades and one margin account for day trades ?

sorry for basics questions, but i did not find any proper explanation on this.

Cheers!

Share this post


Link to post
Share on other sites

Hey guys,

 

Haven't yet started live trading and thinking also about broker. Wouldn't it be good to have same account to day trade and swing trade, as you can use your swing trading money and shares to count them in PDT rule? For example if you use 15K in day trades and 15K in swing trades it still counts as 30K to PDT rules. And day trading money is always there for you to swing and swing shares are as collateral to your day trades.

 

Make sense?

Share this post


Link to post
Share on other sites

Thanks guys,

PeterB i am familair with Lynx and yes it is probably one of the best option in CZ. 

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.