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plan on going long 1281.00

Good Morning Traders!

order cancel. missed by 2 ticks

order pending................

The idea of being a professional trader is to trade other markets and not only 1 market. Need to diverse. For example, my es trading represent 1% of my total trading income. However, based on the substantial risk involves trading in the es and based on my portfolio risk, $100K per contract in the es is reasonable and best risk management based on my portfolio. In fact, i believe it should be $100K per contract to be safe for the next flash crash To be continue

plan on going short 1300.25

GOOD QUESTIONs!!!!! Absolutely good!!!!. More than 90% of small traders lose trading in the futures market. Of course, majority of the people do not have $500K unless that person won a million dollar lottery. The question is, how do i get $500K. Proprietary Trading firms (Legit prop firms) invest new traders a standard minimum $50K to trade for the 1st 6 months. If that new trader is making money, the prop owner will increase the the capital (leverage) from $50K - $100K. After 1 yr and the new trader is still in the game and making money, the prop owner will increase from $100K - $200K or so on. Remember, the prop owner gets at least half of the new trader monthly profit plus other fees. After all, prop owner gives new trader the require capital needed to trade. You will notice most of the hedge funds owners, hft owners, prop owners and fund managers, begin their trading career as a prop trader. As the years go by as a prop traders, their monthly income increase from $10K per month to $50K per month. After 5 yrs of a prop trader, they made so much money and have enough money to open a hedge funds or a prop firm or maybe decide to trade on their own. If he/she decides to trade own, they have $500K saved up to start to make a comfortable living after 5 yrs of being a prop firm To be continue

Good Morning Traders!

I BELIEVE the requirements are: 1) Start with $500K account 2) $100K per contract based on substantial SUBSTANTIAL risk trading in the futures market. Hope this thread will help newbies and amateurs if they want to pursue trading. And, I am looking for the best answer. Bring it up!

order cancel. looks like long squeeze formation

order pending.....................

plan on going long 1288.00

Good Morning Traders!

To get the answer to your questions, u must answer this questions: Why do million people per month visit las vegas? Why do more than 97% of people lose playing casino games? If you can answer these questions, that is your answer to your question

plan on going long 1307.25

Good Morning Traders!

plan on going short 1330.50

plan on going long 1301.25

$100K per contract which i believe to trade in the high risky futures market especially in the emini s&p 500. The biggest mistake when traders add is not knowing their risk. For example, if i added 1 pt against me, my average price move only 1 tick. I just increase my risk by increasing the leverage. if the market continues to go against me my drawdown doubled and those that have small account are doomed. Let say i added if the market went against me 10pts, my average price move 7pts near the market price. That reduces my risk from adding every 1 pt against me vs adding 1 contract when the market goes against me 10pts. If one knows HOW to add and WHEN to add, he/she will be a successful traders.

Good Morning Traders!

You should start on figuring out the risk/reward based on your limited risk capital before creating your own system.

I don't use stop, I add to average when the market goes against me, and i counter trend trade.

1pt profit!.....................

order pending.................

plan on going long 1305.75