E-mini S&P 500 Futures risk parameters

[MarkBrown]

this post is not about stops - it's about risk there is a difference.

lesson for those obsessed with stops - professionals offset their risk onto other instruments whereas rookies put a target on themselves for professionals to take aim. no more talk about stops, unless you want everyone to know your a greenhorn.

 

[Chuck Krug]

Any thoughts on risk per trade considering the following

1.) Day Trading closed at session

2.) Trades of 5-12 days in duration

3.) Trades placed Friday entry to Monday exit

Based on 100k account, I have been thinking of short term index flex options in lieu of actual risk stops. Or perhaps even selling these options and defending with models.

Mark

Depends on how good your entries are.
If you don't take any heat at your entries you can use the minimum margin that your broker requires

 

[MarkBrown]

Depends on how good your entries are.
If you don't take any heat at your entries you can use the minimum margin that your broker requires

automated day trade entries are bad all over the place but the system makes money.

manual day trade entries are allowed 3 points then the trade reverses, if any trade moves to break even after 30 minutes the reversal is canceled.

5-12 day trades are allowed 16 points room

friday to monday trades are selling put options, trying to figure out a defense for these trades.