Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now, It is Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
Fantastic results. Quick question, I looked and I don't think it was asked, out of curiosity, why the micro NQ? By my math using this last days results it looks like she trades on average 300+ contracts per trade (41.5K contracts traded / 129 RT's).
Just curious your thoughts and feedback. As well would you/she in the "real world" trade the regular NQ even just to reduce commissions if anything, or is the strategy based on having the ability to scale in/out quite a bit, so having 300 mnq works better than 30 nq?
She typically trades with about 10 tranches using around 7 tranches in the first batch and around 3 tranches in the second batch. Beginning the challenge with a $10,000 starting balance would be difficult to use NQ and still have enough margin for 10 tranches. She plans to keep using the micro NQ for the duration of the challenge even though the commissions are roughly double those of NQ.
The following 2 users say Thank You to icedfrosty for this post: