Should I Start In Eminis Now?
With the turmoil that the financial markets have been experiencing, a question I get asked a lot is, “Should I get started trading now?”
That’s a great question…
First off don’t believe anyone should jump into live trading right away… yet I think people seem to just do this, thinking that they must take advantage of opportunities they are currently spotting.
Get started slow… follow the markets, and build your foundations.
Ok, I’m getting a bit off topic…
So should you start in eminis now?
Why not…
Start with your education… there’s never a bad time to get started with that.
Then build your experience through papertrading…
Then move forward and start trading small. The number one killer of most beginners is overtrading and undercapitalization. Make sure you only risk UP TO 5% of your account on any single trade. (And even that much is probably a stretch.)
In a future article I’ll go into the 3 components of successful trading.