PowerX Strategy "PowerZ"

[aliassmith]

I keep Thinking Corn in my brain but, this is a Wheat chart. What timeframe you might ask? It's the H4!

I do like this Wheat, Corn, etc. idea IgazI presented. If you are holding for a few days, you can clean up. I am currently studying the idea of using 2 micro contracts.

On Wheat that is $100 per 1 cent price change.

I should have about $4000 of margin only money so I can add into a trade up to 5 contracts.
I think I am conservative so I would put at least $2000 with that for risk. At first I'll be able to take up to 20 cents in drawdown. Once my first profits roll in it becomes easier to manage by gaining space.

This chart shows way too many opportunities.
At some point the account can be 10 times the size and also trade a few assets at a time.
I am saying $300,000 spread across 5 assets.
10 times the size only means I need to switch to mini contracts instead of micro.
Relativly speaking, I will need to reference the margin chart for those numbers.

With Futures I can see adding +0 in a year.

[IgazI]

I keep Thinking Corn in my brain but, this is a Wheat chart. What timeframe you might ask? It's the H4!

I do like this Wheat, Corn, etc. idea IgazI presented. If you are holding for a few days, you can clean up. I am currently studying the idea of using 2 micro contracts.

On Wheat that is $100 per 1 cent price change.

I should have about $4000 of margin only money so I can add into a trade up to 5 contracts.
I think I am conservative so I would put at least $2000 with that for risk. At first I'll be able to take up to 20 cents in drawdown. Once my first profits roll in it becomes easier to manage by gaining space.

This chart shows way too many opportunities.
At some point the account can be 10 times the size and also trade a few assets at a time.
I am saying $300,000 spread across 5 assets.
10 times the size only means I need to switch to mini contracts instead of micro.
Relativly speaking, I will need to reference the margin chart for those numbers.

With Futures I can see adding +0 in a year.

That's what I would recommend.
just start a small corn, wheat, gold, oil, business and grow each independently.

Futures accounts grow rapidly, and trading is much more fun when you're risking only profits.

[aliassmith]

I keep Thinking Corn in my brain but, this is a Wheat chart. What timeframe you might ask? It's the H4!

I do like this Wheat, Corn, etc. idea IgazI presented. If you are holding for a few days, you can clean up. I am currently studying the idea of using 2 micro contracts.

On Wheat that is $100 per 1 cent price change.

I should have about $4000 of margin only money so I can add into a trade up to 5 contracts.
I think I am conservative so I would put at least $2000 with that for risk. At first I'll be able to take up to 20 cents in drawdown. Once my first profits roll in it becomes easier to manage by gaining space.

This chart shows way too many opportunities.
At some point the account can be 10 times the size and also trade a few assets at a time.
I am saying $300,000 spread across 5 assets.
10 times the size only means I need to switch to mini contracts instead of micro.
Relativly speaking, I will need to reference the margin chart for those numbers.

With Futures I can see adding +0 in a year.

That's what I would recommend.
just start a small corn, wheat, gold, oil, business and grow each independently.

Futures accounts grow rapidly, and trading is much more fun when you're risking only profits.

Are you throwing those out there or do u recommend them? I have traded hogs and cattle in the past but, I haven't looked at them recently.

[aliassmith]

I mixed up some numbers in my previous post.

So mini-corn amd mini-wheat both are 1/5 of a full size. That makes them $10 per cent move.

5 mini-wheat margin size is $3000.
Risk can be $2000 or about 100 cents of drawdown for 2 contracts.

I see some nice 10 to 30 cent multi-day runs.

5 mini-corn margin size is $2550.
Risk can be $2000 also.

[aliassmith]

Full size Corn and Wheat look like this.

Full size moves $50 per cent move.

5 Wheat contracts margin $15,000
Risk $10,000 for 100 cents worth of Drawdown for 2 contracts

5 Corn contracts margin $12,750
Risk is also $10,000.

I think I have it correct now.

[IgazI]

Are you throwing those out there or do u recommend them? I have traded hogs and cattle in the past but, I haven't looked at them recently.

I recommend metals, energy, and agriculture:

as our world comes to an end, it is important to shift your money away from digital products and into tangible assets.

What's the value of the stock market? who will survive a collapsing economy? will there be a thousand point crash in forex? who knows.

What I do know is that there is a limit to how little someone is willing to accept for a cow, or how much you can feed them to keep them alive until slaughter.

I also recommend a risk of 30%, whether that is 42.8571% of margin or 2.333334 times risk. . .
excess margin never hurt anyone.

[aliassmith]

Are you throwing those out there or do u recommend them? I have traded hogs and cattle in the past but, I haven't looked at them recently.

I recommend metals, energy, and agriculture:

as our world comes to an end, it is important to shift your money away from digital products and into tangible assets.

What's the value of the stock market? who will survive a collapsing economy? will there be a thousand point crash in forex? who knows.

What I do know is that there is a limit to how little someone is willing to accept for a cow, or how much you can feed them to keep them alive until slaughter.

I also recommend a risk of 30%, whether that is 42.8571% of margin or 2.333334 times risk. . .
excess margin never hurt anyone.

Thanks for your input.
Mini Risk ≈ $1300
Full Risk ≈ $6500

Your rationale makes sense. Ill study them further. I do like Oil and Wheat. I will also look at Gold, Silver, Hogs and Cattle. Probably choose 1 from each type.

[dojirock]

Brings back memories. I used to trade Sugar #10 and Cocoa. (Before I knew what I was doing, ) May have to give them a go again now.

-doji

[aliassmith]

Brings back memories. I used to trade Sugar #10 and Cocoa. (Before I knew what I was doing, ) May have to give them a go again now.

-doji

I have not looked at those.
CL NG HE LE GC SI ZC ZW look interesting.
I'll pick 1 from each pair.

[IgazI]

My latest "for the lols" purchase:
2 for $341.84, before paying extra for fast shipping:

"The coin’s obverse features a detailed portrait of the Roman emperor Caesar. The round takes after the design of the Roman denarius as inspiration. Caesar’s spine and skull are openly visible and cracked, and his flesh is falling apart in a sweeping wave of rot working towards his face. He appears decrepit, and his face is the only thing that remains untouched. This is a representation of previously great societies and empires that collapsed and crumbled into ruin, specifically the Roman Empire."

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