Trading Account Sizing - futures io
futures io futures trading



Trading Account Sizing


Discussion in Traders Hideout

Updated by Poolbuilder
      Top Posters
    1. looks_one MT4Survivor with 3 posts (3 thanks)
    2. looks_two SMCJB with 3 posts (2 thanks)
    3. looks_3 Big Mike with 2 posts (9 thanks)
    4. looks_4 Fu510n with 1 posts (4 thanks)
      Best Posters
    1. looks_one Big Mike with 4.5 thanks per post
    2. looks_two Fu510n with 4.0 thanks per post
    3. looks_3 MT4Survivor with 1.0 thanks per post
    4. looks_4 SMCJB with 0.7 thanks per post
    1. trending_up 1,291 views
    2. thumb_up 21 thanks given
    3. group 7 followers
    1. forum 15 replies
    2. attach_file 0 attachments




Welcome to futures io: the largest futures trading community on the planet, with well over 100,000 members
  • Genuine reviews from real traders, not fake reviews from stealth vendors
  • Quality education from leading professional traders
  • We are a friendly, helpful, and positive community
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts
  • We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

(If you already have an account, login at the top of the page)

 
Search this Thread
 

Trading Account Sizing

(login for full post details)
  #1 (permalink)
Site Administrator
Manta, Ecuador
 
Experience: Advanced
Platform: My own custom solution
Trading: Emini Futures
 
Big Mike's Avatar
 
Posts: 49,057 since Jun 2009
Thanks: 31,658 given, 95,056 received

Hi guys,

How large are your combined speculative trading accounts in comparison to your combined retirement accounts?

The topic of trading account sizing is always a popular one. I wanted to approach it from a different perspective, thinking than comparing it to retirement accounts would help make it more meaningful.

Please vote and discuss.

How large are your combined speculative trading accounts in comparison to your combined retirement accounts?

Total votes: 326
 


I tried to include enough options to cover most everyone (hopefully). Please let me know...

Mike

We're here to help -- just ask

For the best trading education, watch our webinars
Searching for trading reviews? Review this list

Follow us on Twitter, YouTube, and Facebook

Support our community as an Elite Member:
https://futures.io/elite/
Follow me on Twitter Visit my Facebook Visit my futures io Trade Journal Reply With Quote
The following 2 users say Thank You to Big Mike for this post:

Can you help answer these questions
from other members on futures io?
3x Fangdango
Traders Hideout
Thinkscript for scanning in Option Hacker
ThinkOrSwim
RTX 3080
Cryptocurrencies
Macros for flatten and reverse
TradeStation
I have segregated my investment and trading
Psychology and Money Management
 
Best Threads (Most Thanked)
in the last 7 days on futures io
VWAP for stock index futures trading?
37 thanks
Coronavirus COVID-19
19 thanks
Battlestations: Show us your trading desks!
13 thanks
VWAP oscillator for NT8
10 thanks
The CL Crude-analysis Thread
9 thanks
 
(login for full post details)
  #3 (permalink)
Site Administrator
Manta, Ecuador
 
Experience: Advanced
Platform: My own custom solution
Trading: Emini Futures
 
Big Mike's Avatar
 
Posts: 49,057 since Jun 2009
Thanks: 31,658 given, 95,056 received


I see the majority of responses so far indicate retirement is >10x greater than speculative. I am glad to see this, I was fearing it would not be the case.

Now some people have said they have no retirement account, which isn't the best of news. But everyone has their own financial situation of course.

What is also interesting is that so far very few people have indicated they are trading from their actual retirement account. I figured quite a few would be doing this.

Mike

We're here to help -- just ask

For the best trading education, watch our webinars
Searching for trading reviews? Review this list

Follow us on Twitter, YouTube, and Facebook

Support our community as an Elite Member:
https://futures.io/elite/
Follow me on Twitter Visit my Facebook Visit my futures io Trade Journal Reply With Quote
The following 7 users say Thank You to Big Mike for this post:
 
(login for full post details)
  #4 (permalink)
Suffield, CT
 
Experience: Advanced
Platform: MultiCharts, Python
Broker: IB, Oanda, IQFeed
Trading: ES, NQ, YM, CL, RB, 6E
 
Fu510n's Avatar
 
Posts: 116 since Oct 2009
Thanks: 805 given, 116 received


Big Mike View Post
I see the majority of responses so far indicate retirement is >10x greater than speculative. I am glad to see this, I was fearing it would not be the case.

Now some people have said they have no retirement account, which isn't the best of news. But everyone has their own financial situation of course.

What is also interesting is that so far very few people have indicated they are trading from their actual retirement account. I figured quite a few would be doing this.

Mike

I trade futures exclusively within an IB-based IRA that seems to work relatively well. I've had other "investments" at Fidelity & Vanguard that did well pre-2000 (and 2016-2017) but with 2018 having gone sideways, I'm back to trying to make .5%-1%/day the "hard way" .

-Guy

Follow me on Twitter Visit my Facebook Reply With Quote
The following 4 users say Thank You to Fu510n for this post:
 
(login for full post details)
  #5 (permalink)
Market Chamois
Chicago, IL
 
Experience: None
Platform: NT8,NT7,TWS
Broker: InteractiveBrokers, S5T, IQFeed
Trading: The one I'm creating in the present....Index Futures mini/micro, ZF
 
Blash's Avatar
 
Posts: 2,244 since Nov 2011
Thanks: 7,098 given, 4,323 received

Our retirement acct is a little more than 5 times the size of my three trading accts. The trend of this discrepancy is diminishing.

Ron

...My calamity is My providence, outwardly it is fire and vengeance, but inwardly it is light and mercy...
The steed of this Valley is pain; and if there be no pain this journey will never end.
Buy Low And Sell High (read left to right or right to left....lol)
Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
The following 2 users say Thank You to Blash for this post:
 
(login for full post details)
  #6 (permalink)
Legendary Market Wizard
Houston, TX
 
Experience: Advanced
Platform: Trading Technologies
Broker: Primary Advantage Futures. Also ED&F and Tradestation
Trading: Primarily Energy but also a little ES, GE, GC, SI & Bitcoin
 
Posts: 3,605 since Dec 2013
Thanks: 2,881 given, 6,778 received


Big Mike View Post
I see the majority of responses so far indicate retirement is >10x greater than speculative. I am glad to see this, I was fearing it would not be the case.

That was my initial reaction, but then I was shocked to see that the second post popular answer is that 25% of people have no retirement account!!! Who is speculatively trading futures when they don't have a retirement account?

Reply With Quote
 
(login for full post details)
  #7 (permalink)
Frankfurt Germany
 
Experience: Intermediate
Platform: MetaTrader, MultiCharts
Trading: Forex, ES, GC, strange synthetic creatures
 
Posts: 40 since Nov 2014
Thanks: 31 given, 32 received


SMCJB View Post
...Who is speculatively trading futures when they don't have a retirement account?

In many parts of the world this is the normal case. People speculate exactly for that reason. Because they have no retirement account. They are trying to improve their financial situation, and speculation in their part of the world is the only possible way to achieve it.

Reply With Quote
The following user says Thank You to MT4Survivor for this post:
 
(login for full post details)
  #8 (permalink)
Legendary Market Wizard
Houston, TX
 
Experience: Advanced
Platform: Trading Technologies
Broker: Primary Advantage Futures. Also ED&F and Tradestation
Trading: Primarily Energy but also a little ES, GE, GC, SI & Bitcoin
 
Posts: 3,605 since Dec 2013
Thanks: 2,881 given, 6,778 received

Admittedly retirement account rules are different across the world, but if we consider the case where retirement accounts are tax advantaged, then the expectancy of money put into a retirement account will nearly always be greater than the expectancy of speculatively trading futures. I'm not trying to preach from an ivory tower, but one reason many people have a bad financial situation, is because they make bad financial decisions.

Reply With Quote
The following user says Thank You to SMCJB for this post:
 
(login for full post details)
  #9 (permalink)
Frankfurt Germany
 
Experience: Intermediate
Platform: MetaTrader, MultiCharts
Trading: Forex, ES, GC, strange synthetic creatures
 
Posts: 40 since Nov 2014
Thanks: 31 given, 32 received


SMCJB View Post
...but one reason many people have a bad financial situation, is because they make bad financial decisions.

Agreed. For example at the moment I live in Bulgaria. That's EU and not a 3rd world country. Here a retirement account is an exception. People earn an average of 300-500 Euro/month and financial speculation and gaming is scaringly popular.

Reply With Quote
The following user says Thank You to MT4Survivor for this post:
 
(login for full post details)
  #10 (permalink)
Legendary Market Wizard
Houston, TX
 
Experience: Advanced
Platform: Trading Technologies
Broker: Primary Advantage Futures. Also ED&F and Tradestation
Trading: Primarily Energy but also a little ES, GE, GC, SI & Bitcoin
 
Posts: 3,605 since Dec 2013
Thanks: 2,881 given, 6,778 received



MT4Survivor View Post
Agreed. For example at the moment I live in Bulgaria. That's EU and not a 3rd world country. Here a retirement account is an exception and people earn an average of 300-500 Euro/month. Financial speculation and gaming is scaringly popular.

Do you mind me asking what the Bulgarian State Pension looks like?

Reply With Quote
The following user says Thank You to SMCJB for this post:


futures io Trading Community Traders Hideout > Trading Account Sizing


July 28, 2018


Upcoming Webinars and Events
 

An Afternoon With futures io member TropicalTrader

Elite only
     



Copyright © 2020 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
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.
no new posts