Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
Thank you for replying to the topic. I will need to check the ratings of the bank with which I will do business, first. BoA is leveraged in debt default up to their ears. However, they would likely not be allowed to fail should push come to shove. Brokers and bankers can speak out of both sides of their mouths. But at the end of the day, when bank creditors come to collect, your money is up for grabs.
I like the idea of only keeping enough in the account to cover margin and a couple of failed trades. Multiple brokers using separate bank accounts is also an option. Same trade but on separate accounts through separate brokers.
I just do not like the idea of sticking all of my apples in one basket.
