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Re: Newb to investing qustions needing answers
Maybe look into Infinity if you are interested in the eminis. Also since you are a beginner you can have Infinity place an automatic stop daily limit on your account. In other words, it will liquidate and freeze your account once a predefined stop is hit. This could be $300, $500, $1000, etc... any amount you tell them. With the current capital you plan to trade with, I would say it will be hard to practice sound money management. You are severely handicapped to begin with. I suggest you paper trade your way to consistency with sound money management rules, solid strategies, and market understanding before risking a single penny. You will be surprised to see how quickly the futures markets can diminish your account.
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James Lee
Email: JamesLee@traderslaborator y.com
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TradersLaboratory.com
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