NexusFi: Find Your Edge


Home Menu

 





From CFDs to futures - position sizing


Discussion in Emini and Emicro Index

Updated
    1. trending_up 980 views
    2. thumb_up 2 thanks given
    3. group 1 followers
    1. forum 1 posts
    2. attach_file 0 attachments




 
Search this Thread

From CFDs to futures - position sizing

  #1 (permalink)
 OMWF 
Australia
 
Experience: Beginner
Platform: Tradingview, Amibroker
Trading: ASX
Posts: 63 since Apr 2018
Thanks Given: 59
Thanks Received: 29

Hi,

I'd like someone to help me make the switch to futures trading, but I'm unsure about whether I can afford it.

Currently if I trade "Wall St" CFD, I can use the $1 contract and that gives me an ability to alter my position size with great flexibility, depending on how far away the target is. But if I trade ES, 1 tick = 12.5US, I fear I won't be able to take trades where the target is more than say 100 points away, otherwise I risk too much of my account.

Say I have an account of 50k, and I want to risk 4% per trade, what sort of targets would be permissable? Can I make this work for ES and CL trading? Thanks.

Started this thread Reply With Quote
Thanked by:

Can you help answer these questions
from other members on NexusFi?
Deepmoney LLM
Elite Quantitative GenAI/LLM
My NT8 Volume Profile Split by Asian/Euro/Open
NinjaTrader
NexusFi Journal Challenge - April 2024
Feedback and Announcements
Better Renko Gaps
The Elite Circle
Ninja Mobile Trader VPS (ninjamobiletrader.com)
Trading Reviews and Vendors
 




Last Updated on April 14, 2018


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts