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  1. E

    the risk of not taking enough risk starting out

    Assuming you have the trading rules taken care of, you really have to decide if a $5000 account can handle the drawdowns associated with frequent leveraged trading. You'll make more profit but the dollar value of your losses will increase accordingly. Using intraday margin you can easily...
  2. E

    Planning to start day trade e-mini futures and forex

    Index futures and forex have a high amount of professional participation and can wipe out amateurs very quickly. To get an idea of what you are facing, start off with some charting software such as eSignal, Tradestation, Metastock, etc. and make paper trades. This will introduce you to the...
  3. E

    the risk of not taking enough risk starting out

    I think undercapitalization is a problem because losses are more psychologically damaging. A $500 loss is a 10% hit against your account. After taking several hits in a row, will you really have the discipline to trade the same setup and risk the same amount? Until your account is larger...
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