Trading E-mini's

Discussion in 'Share Investing Strategies, Theories & Education' started by nitro-nige, 11th Jul, 2009.

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  1. nitro-nige

    nitro-nige Active Member

    Joined:
    2nd Jul, 2015
    Posts:
    43
    Location:
    Melbourne
    Is anyone here trading e-mini's?
    I have a friend who has just started out with them and am interested to here peoples comments on here.
     
    nitro-nige, 11th Jul, 2009
    #1
  2. 1300 GET A PLAN

    1300 GET A PLAN Active Member

    Joined:
    1st Jul, 2015
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    Location:
    Gosford, NSW
    How is he going?
     
    1300 GET A PLAN, 19th Jul, 2009
    #2
  3. nitro-nige

    nitro-nige Active Member

    Joined:
    2nd Jul, 2015
    Posts:
    43
    Location:
    Melbourne
    Well he's not on the top 100 richest list. He's working towards becoming a full time trader. For now he works full time and trades early in the morning before work.

    Has anyone on here been down the e-mini track?
     
    nitro-nige, 4th Sep, 2009
    #3
  4. AsxBroker

    AsxBroker Well-Known Member

    Joined:
    1st Jul, 2015
    Posts:
    1,075
    Location:
    Sydney, NSW
    Hi Nitro Nige,

    Anything with a leverage of up to 70 times (1.43% LVR) scares me...

    It scares me that many people who don't know what they are doing can get involved very easily and get wiped out just as easily, reminds me of going to the casino and putting down some chips.

    If your friend makes money out of it, excellent and good on them for profiting from it.

    Cheers,

    Dan
     
    AsxBroker, 4th Sep, 2009
    #4
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