I follow 8 futures contracts and am active in 2-4 at any given time. I am overtrading if I have on more than 4 positions at once. Different strokes................
yeah mostly just DIA, SPY, GLD, IYR actually. i only do ETFs - i dont know enough about options, futures, currencies etc to feel comfortable... (nor do i have or want the account permissions yet
lately ive been doing 1, 2, 3 positions at most with max 10% buying power each... i have used 50% bp with up to 6 positions on rare occasions... mostly during blatent bull markets like 3 months ago. i sneak in the occasional equity but rarely.
http://www.elitetrader.com/vb/showthread.php?s=&postid=1102696#post1102696 Wow, back in April you would have thought it was taboo for Elite Traders to talk about ETFs. I wonder what has them changing their minds?... uptick rules, maybe? na, that couldn't be it... I trade more than 10 ETFs, and more instruments than just ETFs, but some of these are worth a good hard second look... (obviously not the obvious ones. Qs, SPY, DIA, etc.) DCB (as in an abbreviated market term, not an ETF or stock)