Best Practices - October 28, 2020 - Buying Power Factors


Episode Artwork
1.0x
0% played 00:00 00:00
Oct 28 2020 7 mins   7
Prior to execution, double check that Buying Power Reduction (BPR) is in an acceptable range. This is the amount needed to put on the trade. Buying power reduction is an excellent way to determine max risk. Our research shows that over the last 15 years, there is roughly a 0.1% chance that a trade’s P/L results in a loss that exceeds the BPR. Join Tom and Tony today as they cover everything you need to know about buying power.