Is it possible to trade KING with 1 contract only?
Yes, it is possible. PP, whose trading exploits are prominently featured in Testimonials, is one of the KING traders who started trading like that. However, trading 2-3 contracts per position, if only from time to time, is more advisable for this gives you more options to handle your trade and to build your position in an optimal way. Still, it’s possible to do well even starting with 1 contract. In late September 2009, I invited a friend of mine to showcase his KING trading skills with 1 contract only. Check out “I can do it too!” to see how he has done.