Hi emg,
Are you doubling up now .... 200K per contract of 4 tics potential profit.
If so, do you think that this sufficient ... maybe 300k would be better [/QUOTE]
what is the matter? you don't have $100K? Let me translate your standard emini sp 500 definition. $100K is $5K. If you don't have $100K, don't trade the es. leave it up to the professional traders. ES is no room for gamblers who have less than $50K or want to begin day trading es $5K. [/QUOTE]
Here is another example for jjf standard emini sp 500 definition. If i were to open a mcdonald franchise, can I do it with $5K or $50K investment to pay for the equipments, building, paperworks, etc etc etc?
A professional traders will treat their trading as running a business. A professional traders will pay themselves a set of monthly salary like an ordinary small business will do.
Lets get back to Mcdonald franchise, will $5k investment let me run mcdonald or become a franchise owner? The answer will be, only a gambler will agree.
I am 99.9% sure that jjf is part of more than 90% of small traders lose. Sucks isnt it