How many contracts?

Discussion in 'Index Futures' started by trader1974, Nov 29, 2019.

  1. CannonTrading_Ilan

    CannonTrading_Ilan Sponsor

    It all depends on some stats, mainly worst drawdown? max single loss?
     
    #41     Dec 12, 2019
  2. bpr

    bpr

    Insufficient info
    need win rate and risk to reward to calculate position size at the bare minimum

    kelly crieteria tells the mathematical optimum position size for a given win rate and risk reward
    use 1/2 kelly or less as kelly is too aggresive for most.
     
    #42     Dec 12, 2019
    CannonTrading_Ilan likes this.
  3. trader1974

    trader1974

    With today's economic news, 0 contracts would be an adequate size.
     
    #43     Dec 12, 2019
  4. It would be unwise to put all your eggs in one ES basket so I agree with the poster that said 10, but if play is diversified and on longer-term, 100 contracts is my normal
     
    #44     Dec 19, 2019