Surviving The Commodity Markets, Part 3 - Trading Guidelines For Different Account Sizes
Of all the important skills in trading, survival is number one. For unless we make it through the inevitable bad times, we won’t be around to capitalize on the good. I’ve laid out some trading account guidelines that specify the account size required to conduct various commodity futures and option trading activities. Stick within these guidelines and you will have an edge on most of the commodity trading public.
Here are my general money management guidelines to improve your chances of commodity market survival and trading success:
$5,000 ACCOUNT
Risk no more than 10% max ($500)