How much money do you REALLY need to trade Futures?
In this episode, Algorithmic breakout trading specialists Tomas Nesnidal and Andrew Swanscott discuss:
- Why Futures is the best market for serious traders,
- The dangers of having the wrong account size,
- 4 factors that determine account size,
- The Rule of 1.5 and Maximum Strategy Drawdown,
- Mini and micro trading,
- Daytrading and swing trading,
- Account size requirements for portfolios,
- Money management for quick growth,
- And much more.
Episode Highlights:
[00:00] Introduction
[01:45] Why Futures is the best market for serious traders
[02:55] The dangers of having the wrong account size
[05:20] The 4 factors that determine account size
[05:45] Maximum Strategy Drawdown and the Rule of 1.5
[10:15] Account sizes for Daytrading vs Swing Trading
[12:05] Account size for mini and micro trading
[15:00] Portfolio account sizing
[22:45] Correlation to reduce drawdown
[28:12] Breakout trading book
[30:40] Money management for quick growth
Click here to check out the BTA YouTube channel for more great trading content.
Released: February 8, 2023
