My personal input as a broker who have assisted and seen MANY accounts..... Micro day trading $2500 minis/crude/gold day trading 15k-25k Swing trading $50k Selling premium 25k-50k Must fit ones risk capital and tolerance...
%5 THAT looks right; like any trade/investment what ever you are willing to lose-- not that 's that the main goal. BUT since there is no such thing as business with no expenses[losses], that number helps.........
500 for micro's? Not going to last long in these volatile times. Starting underfunded is possible one of the major reasons many fail.
I assume the trader knows what he is doing. If so, 500 is plenty for 1 micro, though beyond 2 is kind of pushing it.
In ES, maybe, in NQ? Not a chance. In volatile markets like these 10-20 point stops don't work in NQ. When a 50 point stop gets triggered 20% of the account is gone.
well in my experience, if you need a 50 point stop that often, you are probably not taking proper entries
Back 2003 ,emini sp500 range 20 point range per day was amazing now i see 120 point drop like a butter ,do calculation if you lose 10 point in single contract, that is sa easy, to get stop down ,in that kind of volatility.To made that money back during tha day you have to have minimum $25 000 .THEN you feel comfortable .To trading 1-2 contract .But if my time come I will increse to 10 lot if i see perfect move but dont hold more then 5-8 point because to much risk. For 10 lot I fell comfortable about $120-150k. Be conservative get $10k per lot you never get burn if you made some mistake,is always other trade next day.
That is a load of horseshit. You KNOW how much the daily ranges have expanded over the past few years, so to claim 50-point stops means a bad entry is also horseshit. C'mon, man!
LOL alright then, well I aim for precision so I never want an entry that will go against me that far. that's ludicrous, especially trading a full e-mini. but to each their own
These days, use a 5 point stop in the ES on any given day, with a 5 point target for the 1:1 R:R, and you will go NOWHERE. You KNOW this. So what is the proper stop? There IS NONE! It is too wacky! Every entry is wrong with ranges like this! It is luck now!