Wishing to trade NQ LIVE with 2K, any advice? - Trading Journals | futures io social day trading
futures io futures trading


Notices

Wishing to trade NQ LIVE with 2K, any advice?
Updated: Views / Replies:2,740 / 82
Created: by 4tison Attachments:4

Welcome to futures io.

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

futures io is the largest futures trading community on the planet, with over 100,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

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

Reply
 4  
 
Thread Tools Search this Thread
 

Wishing to trade NQ LIVE with 2K, any advice?

  #1 (permalink)
4tison
Hatyai /Thailand
 
Futures Experience: Beginner
Platform: Sierra Chart NT
Favorite Futures: ES
 
Posts: 82 since Jul 2018
Thanks: 88 given, 10 received

Wishing to trade NQ LIVE with 2K, any advice?

Seeking advices, if it is at all prudent or even practical
to venture into the pool of hungry sharks
with baits so insignificant?

All comments or suggestions or advice or
snickers or condemnations
or whatever are welcomed.

Keep it polite pls, there might be sister theresa around.

Any broker wish to offer free commission for sixty day
or much less, or whenever there is a margin all.... LOL

Starting in 30 days, after my by-pass operation!

Reply With Quote
 
  #2 (permalink)
Quick Summary
Quick Summary Post

Quick Summary is created and edited by users like you... Add FAQ's, Links and other Relevant Information by clicking the edit button in the lower right hand corner of this message.

 
  #3 (permalink)
Elite Member
Evans GA/USA
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: NinjaTrader Brokerage - Philip Capital
Favorite Futures: NQ,ES,6E,CL
 
TradingOgre's Avatar
 
Posts: 474 since Jul 2018
Thanks: 779 given, 1,311 received


How good are you at trading simulation or demo accounts? How much experience do you have?

You will need to keep stops as tight as possible but still give NQ some room to move. It can swing quite a bit fairly quickly. In my opinion it can be done but it is entirely up to you.

Reply With Quote
The following 3 users say Thank You to TradingOgre for this post:
 
  #4 (permalink)
4tison
Hatyai /Thailand
 
Futures Experience: Beginner
Platform: Sierra Chart NT
Favorite Futures: ES
 
Posts: 82 since Jul 2018
Thanks: 88 given, 10 received

Thx much, I'll keep that in mind but....

just for practical reason:

how tight a stop, should be set?

1 2 3 4 5 6 7 8 etc points....?

Thx in advance.

Reply With Quote
 
  #5 (permalink)
Market Wizard
virginia
 
Futures Experience: Intermediate
Platform: ninja
Favorite Futures: ES
 
cory's Avatar
 
Posts: 5,650 since Jun 2009
Thanks: 717 given, 7,124 received
Forum Reputation: Legendary

Wishing to trade NQ LIVE with 2K, any advice?

4tison View Post
Seeking advices, if it is at all prudent or even practical

yes, if you meet these simple prerequisites;

1) set your demo account balance to 2K, and multiply it by 10X without any blow up
2) repeat this feast 3 times to avoid any streak of luck

Reply With Quote
The following 4 users say Thank You to cory for this post:
 
  #6 (permalink)
4tison
Hatyai /Thailand
 
Futures Experience: Beginner
Platform: Sierra Chart NT
Favorite Futures: ES
 
Posts: 82 since Jul 2018
Thanks: 88 given, 10 received

What must I do to accomplish that?>


cory View Post
Wishing to trade NQ LIVE with 2K, any advice?


yes, if you meet these simple prerequisites;

1) set your demo account balance to 2K, and multiply it by 10X without any blow up
2) repeat this feast 3 times to avoid any streak of luck

Thx much cory. That would be really challenging.

OK, what must I do to accomplish your valuable suggestion No. 1?
Thx in advance.

Reply With Quote
 
  #7 (permalink)
Market Wizard
virginia
 
Futures Experience: Intermediate
Platform: ninja
Favorite Futures: ES
 
cory's Avatar
 
Posts: 5,650 since Jun 2009
Thanks: 717 given, 7,124 received
Forum Reputation: Legendary


4tison View Post
Thx much cory. That would be really challenging.

OK, what must I do to accomplish your valuable suggestion No. 1?
Thx in advance.

there is only 3 things market can do, up, down or side way, if you think it's up, long only, down short only, side way step aside.

Reply With Quote
The following user says Thank You to cory for this post:
 
  #8 (permalink)
Elite Member
Evans GA/USA
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: NinjaTrader Brokerage - Philip Capital
Favorite Futures: NQ,ES,6E,CL
 
TradingOgre's Avatar
 
Posts: 474 since Jul 2018
Thanks: 779 given, 1,311 received


4tison View Post
just for practical reason:

how tight a stop, should be set?

1 2 3 4 5 6 7 8 etc points....?

Thx in advance.

Not to be harsh, but if you don't know that already you are not ready. NQ is a beast. Lots of potential for reward but also lots of potential for failure.

Don't be in such a hurry. Use your recovery time from surgery to play with NQ in a demo environment. @cory gave the best advice. Basically if you can't make it in the demo environment you will never make it in a live environment.

Reply With Quote
The following 4 users say Thank You to TradingOgre for this post:
 
  #9 (permalink)
Trading for Profit
Tampa, FL/USA
 
Futures Experience: Intermediate
Platform: TradingView
Favorite Futures: YM, ES
 
Comeback King's Avatar
 
Posts: 221 since Aug 2016
Thanks: 119 given, 276 received

The trading learning curve is years not days, weeks or months. There is no guarantee that you will ever be able to be consistently profitable- ever. This game is about survival first...capital preservation. Anyone who says otherwise is lying to you.

Reply With Quote
The following 6 users say Thank You to Comeback King for this post:
 
  #10 (permalink)
Market Wizard
Chicago, IL
 
Futures Experience: None
Platform: NT8,NT7,TWS,FOREX.COM app
Broker/Data: InteractiveBrokers, NinjaTrader Brokerage FOREX.COM, IQFeed
Favorite Futures: The one I'm creating in the present....ES, ZF, ZN, ZB, FX pairs
 
Blash's Avatar
 
Posts: 1,806 since Nov 2011
Thanks: 5,487 given, 3,029 received
Forum Reputation: Legendary

Why NQ......?


I think some other choices should be consider.

Anything E-micro FX Futures...... M6E M6J M6B M6A etc....

With only such a tiny acct you are going to need to have super small risk and these choices are much better suited to that.

Remember the Big Boys of this profession are looking to do one thing and only one thing......

Transfer the money in your acct to their acct..... and it is all completely legal.

And they have every possible resource to accomplish this goal.

Ron

It is an axiomatic fact that while you meditate you are speaking with your own spirit. In that state of mind you put certain questions to your spirit and the spirit answers: the light breaks forth and the reality is revealed.
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)
Reply With Quote
The following 11 users say Thank You to Blash for this post:

Reply



futures io > > > Wishing to trade NQ LIVE with 2K, any advice?

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)
 

Journal Challenge w/Earn2Trade and $599 in Prizes

November
 

Improve your trading with market correlations w/Jigsaw & Cannon Trading

Nov 15
 

Anthony Drager: TBA

Nov 29
 

Linda Raschke: TBA

Elite only
 

Peter Davies: TBA

Dec 6
 

Brannigan Barrett: TBA

Elite only
 

Cannon Trading: Ask Me Anything

Dec 13
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Afraid to Trade Live - Advice Needed Trader146 Psychology and Money Management 92 August 12th, 2017 11:12 AM
does anyone have any experience with or any comments about - trade our money - firms? maggtrading Traders Hideout 5 May 14th, 2017 12:49 AM
Testing trade strategies live without opening a live account.. tolico Reviews of Brokers and Data Feeds 2 December 30th, 2015 05:06 PM
Good Advice on Bad Advice? afoxperson The Elite Circle 5 February 18th, 2015 11:36 PM
Markets Are Secretly Wishing for a More Dovish Fed Quick Summary News and Current Events 0 April 24th, 2012 10:40 PM


Tags
6e, algos, average, broker, brokerage, brokers, cl, commission, dax, daytrade, dom, dow, drawdown, email, emini, es, expectancy, futures, futures trading, how to, how to trade, intraday, momentum, money management, nasdaq, nq, order book, patterns, profitable, psychology, quant trader, recognition, resistance, reward, scalping, sim, sim trading, simulation, sim_trading, strategy, tapatalk, tf, timeframe, trading, trading futures, trading method, type, us markets, vix, volatility

All times are GMT -4. The time now is 10:22 AM. (this page content is cached, log in for real-time version)

Copyright © 2018 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
Page generated 2018-11-15 in 0.09 seconds with 14 queries on phoenix