#201: How Much Money Do You Need to Trade Futures?
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.
Watch the replay of our latest episode:
[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
Tomas and the Systems On The Road team