From 1k to 500k (Deadline: 2017)

so are you going to ram your whole 1k into a single future? or will you spread it out amongst many?

 

A single one. At first. Or other low margin ones. Like NG, 6E, 6J, ZF.
But I have no acquaintance with them. So ES first, then I'll see abroad.
However I am not going to put my whole K into a single trade.

 

Are you nervous? How much experience do you have trading?

 

With 1k you can only daytraders, with realistic minimum stop being around 2pts or $100 per contract you better be bloody good GL!

 

I have been "trading" since 2012.
Not that experienced neither extensively nor intensively.
Because I've not always been active. But reflective too.
I am not that nervous. No need, I've even not started.
Once in the fight. Wish I don't get too emotional.

True. As I said, I'll risk 1 point maximum on the ES.
Bloody good not that much. You can still make two points,
While averaging a 20% or so P(Gain). That's an advantage of tight SL.

 

Are all your futures going to be on the buying end? Or will you be selling too

 

With 1 point stop you will be up against HFTs. And they fade, shake and squeeze all the time.

Why not daytrade liquid stocks without leverage?

 

You need more capital to trade future. 1 thousand is not enough.

 

• Why April?
• Is the 2 week delay to give your "journal" a free 2-week ride on ET before the inevitable failure?
• Your delay tactic is working, you have 58 replies and 2400 views - and you still have another week before your "journal" begins.
  
• This thread belongs in Chit Chat.