Best contracts to trade with small account?

NexusFi · 2019-04-05T16:39:34-04:00

Great to hear success stories like this. Why do you recommend not trading currencies? But my complaint about currency futures is they are so US dollar-centric. Fine if you only want to trade the dollar. But what if, for example, the Euro is breaking out? (OK not lately...) But maybe get a better trade setup versus GBP, JPY, AUD or some other currency. With a Forex account it's easy to check all these, as well as do other things, like construct an equal weighted basket to guage overall relative strength …

Discussion in Traders Hideout

Updated April 5, 2019

Best contracts to trade with small account?

April 5th, 2019, 04:39 PM	#61 (permalink)
mkjonhston London UK Posts: 19 since Jan 2015 Thanks Given: 0 Thanks Received: 5	Whats' your objective ... what trading style do you see fit for yourself ... I think more important questions need answered before picking an instrument. Do you want to be a scalper, day trader, swing or fully automated? I think first option is the fastest way to say kaputt to your account fast and return to your day job. Second is a painful slow path to a blown account too ... the (small) size of your account is practically guaranteeing a bad end. I'd probably think fully automatic with swing positions into something like M6E is your only 50/50 bet. And that's considering you're having a positive edge strategy.