QUOTE (OEXCHAOS @ Apr 2 2012, 11:50 AM)
Don't put any more with a futures brokerage than you reasonably need to in order to trade. You can wire funds in and out fairly readily. As old Jon Corzine showed us, we don't want to be sitting with vast sums in a futures account, if we don't have to.
That's a good suggestion. That's what i am doing these days. Have enough money to cover your margin and additional buffer to handle losses. Wiring money is quick and easy. Can't trust these brokers anymore.
Make sure you don't lose more than 1-2% max per trade. Design a system (or beg, borrow or steal) which has a positive expectancy. I like systems which can give me a positive expectancy after 10 trades. In other words, after 10 trades, i should see net profits in my account. With that kind of a system and 1-2% max risk, you will never end up in ruin and will win in the long run. Do not counter trend. Do not focus too much on analysis and message board drama. Focus on execution. Good luck !