TomTwiford Member  Posts: 40 Joined: 12/20/2012 Location: Houston, Tx  User Profile | Sorry I was not clear, but we are on the same page now. This type of strategy would allow use of a large amount of presently unused daily equity. To get started would at least need some type of exit order, MOC or timed, with strategy designed to exploit short term oversold or overbought situations based on prior data. I trade intraday manually, using unused intraday equity, as many do, but would be great to allow OV to use this intraday capital, and improve even further the CAR on non-IRA account. Concerning an additional post, I would NOT want to close ALL trades at EOD, just those using strategies that use margin equity above 200%. All other positions, based on strategies holding overnight or longer positions, would not be closed. (These positions would be using margin equity of less than 200%, and can be held overnight) | |
