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TomTwiford

Member
25
Posts: 40

Joined: 12/20/2012
Location: Houston, Tx

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Subject : RE: Strategy for Open/Close intraday trading
Posted : 7/29/2014 9:41 AM
Post #32270 - In reply to #32267

Jim, yes I day trade manually using the same account that is traded by OV. While my account is fully(190%) margined for overnight trading, the account has an additional 200% intraday margin equity that goes unused by OV.

Without the need for OV to use intraday data, with the design of potentially profitable strategies that would place MOO orders,(just as is presently done) but also coupled with a MOC order, (to reduce margin at close to the required 200% or less) would allow an investor using OV to expand by 200% the use of his capital, as well as potentially significantly increase the CAR of his account.
Deleting message 32270 : RE: Strategy for Open/Close intraday trading


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