If you only had $1,000 in your account and could trade emini index futures (ES, YM, NQ, ER2) at a $300 daytrade margin (ER2 would be $500 daytrade margin) what contract would you daytrade and what would your strategy be?...serious question...thanks!!!
$1,000 and emini index futures
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If you only had $1,000 in your account and could trade emini index futures (ES, YM, NQ, ER2) at a $300 daytrade margin (ER2 would be $500 daytrade margin) what contract would you daytrade and what would your strategy be?...serious question...thanks!!!
1. Stop trading by globalfuture
2. try marketzar.com contest without charge
if you win 4-7 place ,play great contest with
day price 1500$
3. If you will not hear that ( what author suspect)
-open new account by infinity,transact
use transact AT
open account by optionexpress or Ameritrade
without charge
Start QQQQ by level 2 quote and start
DOME with infinity AT enm7 .Observe bid -ask volume by both
Cath day with great volatility in premarket extened
hour .
After nasdaq opened ,perform one -3 attempt per day
Each as trend follovng
stop loss 1 point =20$
TRy to catch 3-4 of profit with trailing stop
If position advance for you one point ,stop advanced one point
Your respectfully
1. Stop trading by globalfuture
2. try marketzar.com contest without charge
if you win 4-7 place ,play great contest with
day price 1500$
3. If you will not hear that ( what author suspect)
-open new account by infinity,transact
use transact AT
open account by optionexpress or Ameritrade
without charge
Start QQQQ by level 2 quote and start
DOME with infinity AT enm7 .Observe bid -ask volume by both
Cath day with great volatility in premarket extened
hour .
After nasdaq opened ,perform one -3 attempt per day
Each as trend follovng
stop loss 1 point =20$
TRy to catch 3-4 of profit with trailing stop
If position advance for you one point ,stop advanced one point
Your respectfully
The one where you could lose the least amount of money.
Watch this video:
http://www.puretick.com/video/bestindex
Personally I wouldn't trade with less then $4,000
Watch this video:
http://www.puretick.com/video/bestindex
Personally I wouldn't trade with less then $4,000
I believe money can be made with $1,000 and $300 daytrade margin on the eminis...BIG time..!
And that whole 1 grand can be gone in minutes as well.
This is exactly why so many 'blow out' their accounts... 1 grand isn't exactly a blow out, but it will be considered as one here.
okay...all joking aside from everyone...PLEASE...what would you do if you had to daytrade $1,000 with $300 margin (YM, ES, ER2, NQ)...just share your thoughts, no jokes...lets here it!
Pick a system, any system will do since you won't last beyond your first drawdown. Buy 3 lots on your entry signal, keep your fingers crossed, and let'er rip. Maybe you'll get lucky.
You'd have more fun at a craps table, and the drinks are free.
You'd have more fun at a craps table, and the drinks are free.
The goal is twofold.
1) stay in the game
2) grow the account
In that order!
Scalp. Instrument of your choice. Max trade size of 1, no more than 1 open position at a time. You must be disciplined and use some sort of proven profitable strategy... $20 = 2% of account. You can lose $700 in consecutive trading before you are out of the game. Using 1:1 risk/reward, with a 3.5% per trade profit expectancy, you can make 20 losing trades-in-a-row before game over. If you are disciplined and know what you are doing you will stay in the game and grow the account without too much difficulty.
Good trading,
Osorico
PS: You must negotiate a low commission. Scalping will have you making more trades. You need to book the profits and loses and move on. Swinging for homeruns = game over, unless your batting average is 100% every day until you get over the hump.