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Re: None

Wednesday, 11/16/2016 1:46:46 PM

Wednesday, November 16, 2016 1:46:46 PM

Post# of 1589
Scalping for dollars - why trade e-mini futures?

Leverage, Liquidity and Return on investment to mention a few reasons...
plus you need only a very small account to trade them and PDT restrictions do not apply..

Leverage
$500 to trade 1 contract, $1000 for 2 contracts, $1500 for 3 ...etc....

Liquidity
Can use very tight bracket orders expecting very low or no slippage on executions.
(I use a 4 tick STOP and a 10 tick initial TARGET)

Returns
1 contract per trade...$50 per win, $20 per stop out
2 contracts per trade...$100 per win, $40 per stop out
3 contracts per trade...$150 per win, $60 per stop out
...etc...

The charts below illustrate what can be done on any given day...all 3 trades were winning trades...
1 contract x 3 @$50 ea = $150...
2 contracts x 3 @$100 ea = $300...
3 contracts x 3 @$150 ea = $450...
...etc...
(Less commissions which can be lower than $6 per round turn, depending on your broker)


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