Quote from osorico:
Gee, a phone number that you got via email? And 20% a trade, really? Read the friggin site and you'll see that's based on ER2 (emini russell2000 if you don't know) with a $500 day trade margin. Got news for you... $100 (20% of $500) on an ER2 trade ain't no big thang. Find out how long the trades are open and what the drawdown is/was and then we can talk.
Quote from Hooked2000:
A big red flag when someone registers for this site then the first thing they do is "ask" about a product.
mureese
Registered: Feb 2007..... HMMM I wonder

Quote from mureese:
ok what is the ER2 and what do you mean $100 back aint no big thang. you must can't trade with large sums such as $100,000

Quote from osorico:
The final lesson of the weekend...
ER2 is a futures contract. The e-mini Russell 2000 to be precise. You can look up info at www.cme.com
The ER2 has a tick increment of .10 which has a monetary value of $10. To profit $100 on an ER2 trade, you need 1 full basis point. You can do your own research regarding the volatility and what a normal intraday range is for the instrument.
Now, where's that info about how long (time-wise) trades remain open and drawdown?
Anyone can trade successfully in Hindsight.![]()