Maximum ES contracts you would trade with $3,800 account

Shagi · Apr 17, 2008

I took a $4 account and ran it up to $16K in three weeks.

It can be done but then thats after 5 years experince

Shagi · Apr 17, 2008

correction - that should read $4K

and I was trading evrything T-notes, mini metals, meats, grains - basically all the contracts with margin less than $3k

Trader273 · Apr 17, 2008

$4 to $16K is much more impressive than $4k-$16K

ts888 · Apr 17, 2008

Quote from Shagi:

correction - that should read $4K

and I was trading evrything T-notes, mini metals, meats, grains - basically all the contracts with margin less than $3k

but was that the only 4K to your name? I'm guessing not.

eagle · Apr 17, 2008

Where we can find a broker who charge less than $4 per trade?

Quote from Trader273:

$4 to $16K is much more impressive than $4k-$16K

increasenow · Apr 17, 2008

Quote from Shagi:

correction - that should read $4K

and I was trading evrything T-notes, mini metals, meats, grains - basically all the contracts with margin less than $3k

BINGO!!...again, exactly what I am talking about...great trading Shagi!

Shagi · Apr 17, 2008

Quote from ts888:

but was that the only 4K to your name? I'm guessing not.

No - the $4k account was a sidekick account - i wanted to prove a point to some doubting Thomases that it can be done. I was not really taking any insane leverage - it very controlled

increasenow · Apr 17, 2008

Quote from Shagi:

i wanted to prove a point to some doubting Thomases that it can be done.

$4k account...great trading..."it can be done"...with control...!!!thanks Shagi

athlonmank8 · Apr 17, 2008

1 per $5k.

1pt = 1% of your portfolio.

You're going to need to learn sometime. As long as that 5k isn't a huge chunk of your net worth, 1 MAYBE 2 is no problem.

How come no one's considering the total net worth of the individual? Guy might be a millionaire with a 5k account.

ts888 · Apr 17, 2008

Quote from increasenow:

$4k account...great trading..."it can be done"...with control...!!!thanks Shagi

but see the difference was that he had lots of trading experience and it was, as he puts it, a "sidekick account" meaning that even if he lost the whole thing I bet his life would not be altered in any significant way and his trading career would go on.