Micro E-mini Madness (2% per day)

Sinbin said:
Awesome thread sstheo... I’ll give it a follow. This was something I found interesting in March after I found out about the e-micro.

The margin requirements aren’t bad, but a little expensive. Still, this looks like a fun idea. Look forward for more of your posts about this!
More...

Expensive but doable, yes. But after blowing up several dozen small balance accounts over 13 years of trading, I finally got it through my thick head that something was wrong.

And I appreciate your comment about "a fun idea." I think this is actually the key to success in trading successfully. As I mentioned previously, those traders who can say "I don't care" when they have a loss are in the best possible place mentally.

But how can it be fun? How can they not care? Because their account is large enough, or the position sizes small enough, or the stops tight enough, that even 5 to 10 losses in a row don't phase the trader. He or she can think clearly the entire time - even after 10 losses.

Maybe on the 11th loss they will recognize that they need to reevaluate their strategy, LOL, but until that time, they should be having fun slowly growing their account.
 
sstheo said:
For me, the best broker for the micros is the cheapest one!

What is so strange to me is that the Round Trip costs vary significantly among brokers. Gain/OEC is still over $2.00, but Ninja is about $.82 and AMP is $.78.
More...


With AMP can you try a mock trading account to see how futures work? And can you trade using a smartphone?
 
so yout going to take 1000 to 10000 in six months just to flip to the emini from micro so u can then run it back down to 1000 in 6 weeks? dumbest thing i ever heard. what you should do if u make this happen is pull out 8000 and do it again in the micros but make it 20k..dont trade the mini until you have 100k i mean what is the point of working so hard to blow it up later. u already have serious issues to deal with and you havent gotten to 10k yet
 
REDP1800 said:
so yout going to take 1000 to 10000 in six months just to flip to the emini from micro so u can then run it back down to 1000 in 6 weeks? dumbest thing i ever heard. what you should do if u make this happen is pull out 8000 and do it again in the micros but make it 20k..dont trade the mini until you have 100k i mean what is the point of working so hard to blow it up later. u already have serious issues to deal with and you havent gotten to 10k yet
More...
this way you have 5 more chances at 2k and 9 mote chances if 1 k
 
REDP1800 said:
so yout going to take 1000 to 10000 in six months just to flip to the emini from micro so u can then run it back down to 1000 in 6 weeks? dumbest thing i ever heard. what you should do if u make this happen is pull out 8000 and do it again in the micros but make it 20k..dont trade the mini until you have 100k i mean what is the point of working so hard to blow it up later. u already have serious issues to deal with and you havent gotten to 10k yet. This way you have 5 more chances at 2k and 9 more chances if 1 k
More...

Assuming for a moment that I actually can get to $10k on the micros, having a 10k account and trading just one or two eminis is the exact same proportion as $1000 with a 1/10th sized micro. So I should be able to keep going without missing a beat.

But I do like your idea of pulling out the money!

My wife would too. ;)
 
You must log in or register to reply here.
Back
Top