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I personally do not have a retirement account ( I have three accounts across the board ). 1. Futures, 2. Options Only (I trade SPX Weeklies/Dailies), and a long term holding account(This is a regular trading account in which I hold trades over a long term).
Both my futures and options positions are liquidated before end of the session. Any cash not trading and/or yearly withdrawals are disbursed between fixed income products. Long term trading account has about 20x the capital compared to both futures and options accounts, however, my futures and options accounts are the secondary sources of my income (I work as an IT Consultant).
Separating your overall portfolio into Retirement vs Speculative is good, but I believe and follow a strategy of defined Risk Cap per trade. For example, a trade in the Retirement Acct. may not exceed 1 percent of total acct value, whereas, a trade in the Speculative Acct. may not exceed 3 percent of that account's value. The logic being trades in the speculative acct. involve trades with greater volatility and therefore dictate wider stops to be viable.
Poolbuilder
28Jul18
