TElphee

V4:T1_New Trading Plan_ Leveraged ETF's_ S&P - Crude - Euro

CME_MINI:ESM2018   S&P 500 E-MINI FUTURES (JUN 2018)
Hello everyone.

Recently I have been thinking about my trading goals for the next couple years. As I work through college and stay relatively busy I need a trading system that adapts to me. I decided focusing on these 3 markets and trading them with leveraged ETFs would give me the greatest odds at a profitable, low maintenance trading strategy.

Starting next week, I will be creating 3 posts, one for each of my selected markets. During the week I will be updating the posts with a snapshot of market movement, new drawings/levels and a brief directional opinion. Please know these are just notes for my own trading and should not be considered advice. I will be keeping a daily directional counter on each instruments to see my theoretical accuracy in each of these very different markets. I believe futures markets are the purest so I look at them for overall bias and translate that to the price of whatever ETF I choose.

As I get adjusted into these markets I will begin to post entries.

Trading plan details: $5,000 initial deposit with an estimated $750 on a single position. No more than two positions at any time. Margin for these ETFs are roughly 100% of trade value and the account minimum is $2,000. So basically, I can only afford to trade 1/4 of the account using these high leverage ETFs. The $750 position size should get us close to 1% move in the underlying market equal to 1% fluctuation in account balance. This strategy is very focused and is almost day trading but these positions are not limited to close at 4. Trading small account means I need low commissions of which I have found $1.00 per ETF trade. Unconfirmed at the moment but I'm working on it.

Anyone have any experience with a trading strategy like this?

Cheers!

If you found this analysis useful or thoughtful Likes/Comments/Follows are much appreciated!
Disclaimer: Your data may be different. Material is educational only. Trade at your own risk!

Symbol | Daily Directional Bias | Correct:Incorrect counter. Trades Win/Loss counter
Euro | X | 0 : 0 T 0:0
S&P | X | 0 : 0 T 0:0
Crude | X | 0 : 0 T 0:0
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