What is the maximum size ine can day trade? And in which markets? I do day trade one stock but I can't go bigger than $150,000. So I need to step up. Futures? Which ones?
obviously max size is a function of avg daily volume. If you want to know how much you'll affect the given market, I've found something to be quite helpful Movement = SizeShares * (Average Daily Range) / Average Daily Volume you should be able to adjust from there
^^ thanks..not sure I fully understand this ^^ For example what is the maximum size you can trade on the Eminis? Crude Oil? Tnotes? Thank you
Because I have found I can do really well with 1,000 shares. so even on Google the maximum would be $500,000 +/- What I would like to do is to get in seven figures day trading....possible? Which markets? And what is the maximum? Yes..I am successful but I want more... Thank you
OK but I was told by a ES trader the maximum size he can trade with good liquidity is 100 contracts? Is this right? I guess there has to be balance where your size starts affecting your % returns. You have to find where this is. Are there any day trading hedge funds? What size do they trade and what markets?