Convinced of what is possible?

RDK91 

Since so many people here are convinced that it is possible,

Skidboot 

Convinced of what is possible?

Trading NQ futures with 2K ...
Of course you can trade NQ with 2K, the question is what are the odds that you will survive in the long run and manage to grow the account to a decent size.

Blash 

I think some other choices should be consider. Anything E-micro FX Futures...... M6E M6J M6B M6A etc.... With only such a tiny acct you are going to need to have super small risk and these choices are much better suited to that. Remember the Big Boys of this profession are looking to do one thing and only one thing...... Transfer the money in your acct to their acct..... and it is all completely legal. And they have every possible resource to accomplish this goal. Ron

Thx very much for your very sound advice.

Much obliged.

RDK91 

Trading NQ futures with 2K ... Of course you can trade NQ with 2K, the question is what are the odds that you will survive in the long run and manage to grow the account to a decent size.

Could you please
elaborate a little more,

on the chance of survival
with only 2K,

trading NQ, 6E, GQ and CL....?

Much thx in advance.

Can one trade NQ with 2000$ account? Yes.

Can You trade NQ with 2000$ account?

I can only conclude by the question that you are new to trading. You have only given one parameter to your question.
Do you only trade intraday or you average trade holding time is longer? Whats is your expected maximum drawdown? Sharp Ratio? Expectancy? How much size do you trade? What are your commissions etc.
If you would ask those questions, you would answer your own question. So lets be harsh and say you probably can not.

4tison 

Could you please elaborate a little more, on the chance of survival with only 2K, trading NQ, 6E, GQ and CL....? Much thx in advance.

Micro futures or otc products.
And even then ... unless you give yourself many many years to grow it to a decent size.

How much money do you want to make from the 2K?

Wait until volatility is lower.

RDK91 

Micro futures or otc products. And even then ... unless you give yourself many many years to grow it to a decent size. How much money do you want to make from the 2K?

Just about 4 tics a day on ES
or 1 point
or 20 dollars
per trading session

DO YOU THINK THAT IS
ATTAINABLE?

REASONABLY SANE EXPECTATION?

matthew28 

My thoughts for the reason would be, If you looked at a DOM which showed a sum for the total of order depth on the Bid or Offer you would have seen that for ten layers of depth the sum yesterday was only between about 60-80 each side for the whole day. Normally it is around 150-180 or so. More pronounced on the ES which only had about 1700 per side when normally it is 3500-4000. I would guess most of the scalping style algos were switched off for the day after yesterday's huge drop and the increase in the VIX. That gives a thinner order book so orders can be swept through more easily and allow for cleaner momentum runs. All my supposition though so it could be completely wrong. Today was a rotational consolidation day finding balance after the previous day's big move. The swings were big, 230 points range in the RTH session, but the market just went back and forth through the open all day (yellow line), and closed there at the end.

Thx for your explanation and
also the attached pix.

Will watch my step very very carefully,
so I can keep posting and asking advices
for many more days? weeks? months?
and perhaps YEARS....?

4tison 

Just about 4 tics a day on ES or 1 point or 20 dollars per trading session DO YOU THINK THAT IS ATTAINABLE? REASONABLY SANE EXPECTATION?

Hi 4tison

Most people that start with trading seem typically to ask this very question: When will I be able to make x per day?

My own take on this is that once somebody has been able to reach a result that can be averaged positively per day, that person has already overcome most of the issues traders struggle with and has achieved consistency.

This means, unfortunately, that is it not easy to make x per day consistently at the beginning. "x" could even be as little as 20 USD per day but, if you are starting just now, as low as it may seem and as achievable as it may look, you may be in for a disappointment.

It takes a considerable amount of practice to be able to be consistent in the markets and you may need to be prepared also to lose a sizable amount of money before having any significant chance of being consistent, with no guarantee whatsoever that eventually you will be consistent.


So, as others already pointed out: can 2,000 dollars be enough? For an experienced trader: possibly. For one that is starting now: extremely unlikely.


My 2 cents.