First, I highly advise traders to open multiple accounts and/or sub accounts.
One benefit to running multiple accounts, holding periods, and strategies is that assuming accounts aren’t perfectly correlated, which they shouldn’t be, is that when one account is down then more likely another is doing well. Trader’s outlook tend to follow their account balance– more accounts provides more balanced outlook.
Two additional steps that I would recommend any new futures trader to take:
The author is passionate about markets. He has developed top ranked futures strategies. His core focus is (1) applying machine learning and developing systematic strategies, and (2) solving the toughest problems of discretionary trading by applying quantitative tools, machine learning, and performance discipline. You can contact the author at firstname.lastname@example.org.
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