Good point on the Big Boys (bond traders and market makers ) Frankly I think there is no longer a need for market makers, nothing short of boiler rooms to wipe out stops. I have always wondered if they have a deeper look than the level 2 quotes (10 above and 10 below last price) .
For Day Trader, we can offer up to 25% of SPAN. Margin on all the contracts is only $51,480 or $10,296 for DT. A $25,000 account could do this.
I did not say it was a good idea to be long 4+3 or short 4+3, just that you can with a $25,000 account. I personally would not trade more 2 per $25,000, but I'm not a scalper.
Agree ! With all the news infusion and global unrest I just can't wrap my head around anything past day trading. Just my personality .
Don't quite understand but am comfortable with what I do and keeps roof over my head for some time now.
A little tidbit on ES breakouts that I have noticed... When trading into resistance or support and up pops a large quantity of traders like 1k or greater you can generally see a pickup up in away from it a point or two THEN trading in that direction. Hence not a real regular happening but be aware of it generally a very high probability trade.