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There’s a reason why Interactive Brokers wants $7K per ES contract. Taking on such large leverage with a massively underfunded account - the turnover must be frightening. Amp has $4M in excess capital on hand - which ain’t much. https://www.cftc.gov/MarketReports/financialfcmdata/index.htm

He got eviscerated.

Right about now Mike Bloomberg is seriously regretting this whole Presidency thing :D

Just to clarify - someone reading this thread is not going to be able open up a futures account at XYZ Broker and be long or short 15 ES contracts with a $5K account :banghead:

They’ve also been repurposing HIV drugs to treat the Covid-19 Coronavirus - namely, Aluvia from AbbVie.

If you can find a broker that will let you trade ES with a $5K account DO TELL. Maybe you mean MES :rolleyes: https://www.cmegroup.com/trading/equity-index/us-index/e-mini-sandp500_performance_bonds.html#sortField=exchange&sortAsc=true&clearingCode=ES&sector=EQUITY+INDEX&exchange=CME&pageNumber=1

An outright is a straight up unhedged postion - like buying a CL futures contract. In terms of capitalization - depends entirely upon your trading system.

If you are trading flat price outrights - trading one lot futures with less than $25K is sheer stupidity from my experience, with micro contracts being an exception. I had an ET Member PM me that he had lost $80K in six months trading outright one lots in CL. It's not hard to do. You can...

No, my feeling is counter to your post. Risking 5 to 10 percent on a trade is asinine with one exception: you are really, really wealthy and most of your assets are not included in your trading account. Let me clarify what I meant: that a certain number of inexperienced traders feel quite...

All we have to model is historical data. Even high speed algo bots are using historical data. DE Shaw models historical data. That's why it's important. Nobody knows the future. But we can model historical data in order to take the statistically most advantageous risk/reward.

One lots are the most difficult - I will readily admit that. You can’t scale down and a bump up doubles your risk. I do some hand holding on occasion.

Position management includes the stop-loss and profit targets as you described above. It should also include a sizing plan. From my years of client work, I have come to the firm conclusion that it's a mistake to assign some fixed amount of capital (you frequently hear one or two percent) to...

After two losses in a row - cut your position sizing in half. When you can manage two winning days in a row - go back to your previous position size. Works like a charm. Note how my first statement relates to trade size and my second statement relates to daily P&L. If your trading system...

If he does NOT move tic-for-tic with the underlying - he will get relentlessly picked off by the market makers. Flipped and bled dry. Furthermore, if he cannot re-price at the same ECN pace as the market makers - he will get relentlessly picked off by said market makers. Flipped and bled dry...

The question you should be asking is: "can I beat these guys?" Millions invested in ECN's and software... https://markets.cboe.com/us/equities/listings/trade_on_cboe/lmm/

There is zero money in this for you at a retail level. Even at a pro level for that matter. You would be competing with CBOE Market Maker types. With very expensive ECN’s and software. https://www.itiviti.com/orc

Because the Chinese Military Intelligence Officers that actually run Huawei would be too obvious.

With the exchange spread margins - it is dirt cheap to capitalize (Twos to Fives, Twos to Tens, Twos to Eurodollars, etc.). You will want to swing trade it - day trading it is NOT advisable because of slippage and a very limited intra day trading range. A friend of mine made a fortune...

Government news releases have very little impact on current modern markets with very few - even rare, exceptions. Private sector analysts do an exceptional job of shadowing government economics statistical data collection. In Europe, the ECB actually leaks economic data to big banks (the ZEW...

LMAO, no. I’ve traded billions of dollars in production assets as a trader on a Commercial Energy desk earlier in my career.