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Favorite site for commodities / futures charts, single-stock futures?Views: 343
Aug 14, 2007 4:55 pm re: re: Favorite site for commodities / futures charts, single-stock futures?

Adrian Scott
Having a plan is key, one that includes risk management.

To look at things another way, hopefully someone with several million to risk would not fully risk it ;)

The plan should include risk per trade (e.g. 1-2%) as part of its definitions and systems.

The 20x-ish leverage and liquidity of futures requires a trading plan (w/ backtesting etc.). Trading at that kind of leverage without a risk management plan is like buying real estate with a 95% mortgage... ok, sorry, bad joke! ;)

Thanks for the post and the suggestions,

-a

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