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With $50K you have such an advantage where I truly suggest you trade 2 lots per contract and allow double the drawdown that you would allow for 4 contracts.
Swing trade first because you do have the margins to maintain and the capital to absorb the "noise" that the markets present. You will find that when you work with larger time frames you don't need that precise entry, and indicators actually do work much better on larger time frames in my opinion.
You will make mistakes. It's ok. Make intelligent mistakes and you will refine your method.
Matt
Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. You may lose more than your initial investment. All posts are opinions and do not claim to be facts. Please conduct your own due diligence. Use only Risk capital when trading Futures.
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Welcome to a Londoner (I'm based in the South West in sleepy Somerset).
Start tiny (microforex is no embarrassment, it's what I trade and I've been live for 2 years+)
Keep a journal, starting one here on futures.io (formerly BMT) and inviting comments has given me priceless input
Get active on futures.io (formerly BMT), in my opinion, this is the ultimate training ground for self directed learners and you will get out what you put in
And as @josh says, keep a tight drawdown limit so you can shut it down and allow a decent review
Congrats on finding a method you are consistent with! That itself is a huge accopmlishment. Listen to the risk management parameters being suggested and keep us posted on how you are doing.