No, I can answer that here..... I've spent a good portion of the last four weeks working through emails, PMs and phone calls helping others to understand what the lockdowns are all about. It's been very time consuming, and I've hardly traded the F's for a month now. You'll learn all about it at your first Monkinar. Using the one and five minute charts means you have to pay attention. Anything that takes away your concentration will result in no trading during that time.
No leveraging the account ever. When day trading the F's and learning it correctly (I'm still learning myself), you'll be earning on average about 5% per day and never holding them overnight. Always liquid. At the Phoenix Monkinar, we watched Monk make the buy and sell calls and he earned over $20,000 in approx 90 minutes. You'd have to check with BillyJack as to what kind of capital he was using though, as I don't know.
Have a good evening all! I'm outta here now!
Act in Spite of Fear and Uncertainty
Ex B.....
