184: Mike Mangieri – Behind the Scenes of an Equities Day Trading Firm
Chat With Traders
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Increasing or Decreasing a Trader's Buying Power
At what point do you consider increasing or decreasing a trader's buying power? Is it just on a case by case basis? Or do you have almost like a set of rules which you makes that decision quite systematic? No, I would say majority is case by case, treated by trader. It's hard to do it systematically because you might have a guy that's trading well at the size that he's at. And then when you give him more, they can't handle it. They may not be comfortable trading a bigger size.
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