Stop trading Llive NOW. Do not trade until you can win at least 15 out of 20 days a month in sim with a method that you develop. Please remember these words now and reflect on them when you have blown your account.
EMG, who are you trying to save? Retired people that have nothing to do that decide to eff with their nest egg? College students blowing their tuition money on a 2k account? No matter what you say noobies always need to find out for themselves because they won't listen. They are too curious...
I call this a "GTFO" situation when one breaks their risk rules .(Get The F*ck Out)
Another one I like " If you can't handle the heat get out of the kitchen. "
Lesson learned, control your risk above all. At least you will be around another day .
I agree ,
Trading YM at 5 dollars per tick and around a 650 dollar Daily ATR paying $4.50 a contract.
Say you make 20% of the ATR $130 ... Then its 3% cost per trade you put on to make 20% of ATR
YM and NQ cut into your profits by a good percentage.
Better off trading oil ...
And if the Ebay seller backs out of the transaction ? Your stuck with your GC long or short and no hedge. Just a thought on something that could go terribly wrong with it . Good idea though. Maybe stick to power sellers only for more reliability.