How to allocate basic capital for a newcomer trading futures?
If you have a $100 account, how should you reasonably allocate capital for futures trading, and how to trade sustainably for newcomers to gain experience? Please read below:
Here, I take the example of X50 (depending on the volume, X whatever can be managed), how will you allocate it?
Allocate 2% x 50 (5% x 20 is no different) (never burn out while trading), just by increasing by 1%, you can achieve an ROI of 50% equivalent to $1. If in one month you achieve 30%, I amortize it so that you can temporarily hold on; the profit should only be around 20%. Just think if your account is large, making only 20% in a month would be truly incredible. To avoid getting caught up when entering orders, you should learn more about technical analysis, check projects... to get good entry points and positions. Just avoid FOMO, as you are still in the process of gaining experience.
Trading like this helps newcomers get accustomed to capital management, allowing you to survive longer in the market to gain experience and incur less tuition fee.
You can refer to this, and if you find it helpful, feel free to comment and interact in a chill manner.
