What size account is appropriate to trade?
We fell that it is up to each individual to assess their overall risk profile and know their individual net worth before determining proper account size. Our service is for educational purposes and can provide a valuable educational forum regardless of account size. However, as a general guideline, it is possible to trade the SP E-mini contract with $5,000. It is advisable to have a minimum account size of $20,000 before trading a SP futures contract. We feel that keeping leverage low is a key to good money management.
It is up to each individual to assess his or her overall risk profile and to know his or her individual net worth before determining proper account size. Always consult your broker for their requirements as well. Our service is for educational purposes and can provide a valuable learning forum regardless of your account size. However, as a general guideline, it is possible to trade the SP e-mini contract with as little as $5,000. It is advisable to have a minimum account size of $25,000 before trading the full sized SP futures contract. We feel that keeping leverage low is the key to good money management. A trading account should only be funded with risk capital, and not capital used for living expenses (i.e., rent, food, etc.).
It is up to each individual to assess his or her overall risk profile and to know his or her individual net worth before determining proper account size. Always consult your broker for their requirements as well. We feel that keeping leverage low is the key to good money management. A trading account should only be funded with risk capital and not capital used for living expenses (i.e., rent, food, etc.).
