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Old 04-06-2008, 11:40 AM
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OAC is trading what he sees and not what he thinks

 
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Re: Trading for the least amount of money

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If he wants to trade index futures, on the other hand, a cheap way to do it is to analyze and take signals from the emini and enter the trade on the ETF, whether DIA or SPY or QQQQ.
The sad part is you need $25,000 min. in your account to day trade the ETFs even if you trade only 50 shares, as per the Pattern Day Traders Rule. No wonder so many newbies blow up their small accounts in no time in Index Futures.

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