Real Time e-mini S&P Trading, plus contrarian commentary on all the markets, all the time
Wednesday, September 03, 2008
Account and Position Size
I specialize in trading the e-minis. My basic approach to position size is to trade 1 contract per $15,000 in equity. This I like to call 1 unit. If I am particularly confident in a trade I will put on another contract, my second unit. Thus my maximum position per $15,000 in equity would be 2 contracts. Sometimes I refer to a normal position, 1 unit, as 100% while I refer to a maximum position, 2 units, as 200%.