Ambulance

I am myself in this situation. Trying to grow 1K on ES. But I don't expect to reach 5K until January/ February 17'. As I limit myself to 2K per contract. Let's see.

By the way, what if you lose his money ?

Not going to lose this money hehehe.

Your situation is more difficult in my view as you'll have to stick with 1 lot for many trades which makes it vulnerable to trade management mistakes.
 
small account like that 1600.00 . a Trader has to be very patient and wait for nq to present a real good opportunity which might only come once or twice per week. Throw in IBB , NBI , XBI as indicators as to whether its safe or not..don t go against them while using nq, watch XLK with that they should all be lined up . Dollar index is always important . I once went from 1200.00 to 23 000 back in 2005 in 6 months.

Thanks for your advice however I am certain to find opportunities every day. Don't need home runs they're welcome though. Looking mostly for momentum scalps in the beginning where once in a while it might take off to a nice trend.
 
The futures industry is getting very ghetto? $300 margin to control over $100k market position, insane! They keep lowering it so soon even homeless and destitute people can play in their rigged casino. This is like bringing back the 1929 type leverage to lure in the last of the people too poor to play in the market - this should guarantee a massive crash soon. I think this is a sign for me anyway to thin my futures account way, way down - flight to safety since futures accounts are not insured. If this is not a neon sign flashing... Than what is?
 
Last edited:
Back
Top