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Re: gloe post# 41730

Sunday, 06/24/2007 7:17:31 PM

Sunday, June 24, 2007 7:17:31 PM

Post# of 79025
>>>>>>>>>>>>>>>>>>
If you are new to futures, start with ONE contract, no matter how big your account.
<<<<<<<<<<<<<<<<<<

Amen. Amen. AMEN.


And you are a novice until you experienced a couple of significant drawdowns.

Q: - What is a significant drawdown?
A: - You'll know. (Hint: pain will be unsufferable)

On the sunny side of things NERS seems to have very mild drawdowns but don't ever become complacent playing futures, that's where you'll lose the big bucks.

Advice from somebody who "paid" dearly for the education. <g>

H.





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