I was being mostly facetious. I plan on doing what I do, especially now that I have advertised it to the world. But I do keep 5% of my mind open...
The CME challenge felt like a fun crazy free-for-all. It was 24 hours a day for 5 days. And there was lots of volatility that week. The contest...
Thanks for the thoughtful post. Indeed the market is highly volatile right now. And I may need to scale to 1% or 1/2% or just "2 ticks" average...
Hmmm. Maybe so. Any suggestions for me?
YEP, the fees are twice as high! But my whole premise is that this is just a lower-risk training ground and simply a foot in the door on the way...
As mentioned in my introductory post, I came in 13th out of 1,400 traders in a contest of those who traded the Micro E-mini contracts for a full...
I haven't tried. My life turned upside down when I had to start wearing glasses for the first time 4 years ago. I read fewer books and and my...
Assuming for a moment that I actually can get to $10k on the micros, having a 10k account and trading just one or two eminis is the exact same...
I am not sure. But they are good with the customer service.
Expensive but doable, yes. But after blowing up several dozen small balance accounts over 13 years of trading, I finally got it through my thick...
I have reached the 2% goal for many days now, but I wanted to help other struggling traders by formalizing and publicizing the effort. And you...
Please explain more. Are you saying I should try for 3% average? LOL
For me, the best broker for the micros is the cheapest one! What is so strange to me is that the Round Trip costs vary significantly among...
I will explain my trading plan soon in another post, but will start out with just 2 micro contracts and build from there as my account grows. I...
$.78 per Round Trip, all-in.
Actually, I will need to shoot for 3% or more on winning days to average 2% over the 6 months. I want to reach 2% AVERAGE ROI for each day, week,...
CORRECT. Compounding is the only way to reach the $10,000. So I will target an average net profit of 2% of the beginning balance each day. I...
Glad to hear it. I have never had the ability to try true scaling on a live account before. I have been merely a "scared trader" who has...
I loved the way you said "casual trading experience." I think this is the key to successful trading across all markets. I know a few really...
SUMMARY: For the next 6 months, I am going to try to earn 2% per day using the new CME Micro E-mini contracts. My goal is to safely grow a small...
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