Long time reader, first time poster/register. I have what I’m sure will appear as a crazy question… but I thought I’d post here as a shot in the dark anyway.
As we all know, one of the in built safety mechanisms of forex trading is the broker’s margin requirement… this prevents (except for in extreme cases) your account from being able to go negative and rendering you in a situation of owing your broker (i.e losing more than your initial deposit)
What I’d like to know is if anyone has heard of a broker that would allow an account to go negative, with a special arrangement to settle at years end. This isn’t something that you would find in the faq of a brokers site naturally, but if anyone has heard of such an arrangement, I’d love to hear about it. I can only imagine the requirements if the topic isn’t already completely laughable (credit, proof of funds, etc) but, again as a long-shot, I thought I’d ask.
Thanks for the reply mate. I know that some brokers will permit “custom” account settings in special circumstances. I’ve spoken with Oanda and am going to be using an “over the counter” setup through them that is the next best thing. It’s not absolutely ideal, but it still meets my needs.
The issue with approaching many brokers is I feel like I’d really have to answer a ton of questions and ultimately divulge my trading methodology in order to even get consideration for such an arrangement. As I’m sure anyone here would understand… that’s not something I’m willing to do at this time
So for now, I’ll be appreciative for what I do have access to and get to implementing my plan. It’s plenty profitable enough
eh? Surely that would be enough! (And I’m sorry about calling you Shirley haha!)
Just as I understand they wouldn’t give me a credit line for my personal charm… it must be known that the credit line isn’t worth revealing trade secrets. My methods have averaged 22% a year (compounded over a 10 year period- 12% uncompounded) without it, but anything I can do to increase the % is worth a shot… IF it doesn’t mean giving away the golden goose, as it were.
In the meantime, I’ll keep chugging along as I am, but thanks for the input
As an individual unashamed to admit when wrong, I have now realized that executing the method as-is is actually more effective long term without the need for a credit account. I’ve back-tested 11 years and now see that such an arrangement isn’t actually needed. I apologize for anyone’s wasted time in replying to my question.
Thanks for all the help tho guys, this is a nice community
Cheers.
haha!)