CLOWBEL and jazzguitar, the concern is that you do not risk more than 1% of your account on a trade. Using the APEX systems the risk for a trade depends on the trade setup. For a small account it is easier to trade the Forex markets with the mini or micro lot sizes. The Forex markets usually tic much slower and the trades last longer than they usually do with the indices like NQ, TF, YM, ES. Yesterday I took a GBP/USD trade that yielded 60 pips in about 3 hours YM gave Lori 60 ticks in less than 1 hour Lori’s Daily- 4/28/16- 60 ticks on YM in less than 1 hour! 1 YM Futures contract ticks at $5 and the stop loss is usually about 20 ticks so using Darrell’s recommended rick management of 6 losing trades in a row - 5% of capital account you would need $12,000 capital account to trade 1 futures contract (20 tick stop x 6 trades per day x $5 tick value x 20 trading days per month = $12,000) Please see Darrell’s posts in this thread… Risk Management and Your Frame Of Mind The 5% Rule
The option I would recommend is trading NADEX Spreads. You can trade them on the major Forex pairs, Indices and Commodities. The above discussed YM trade could be done with NADEX Spreads. Each YM Nadex spread (that is in close proximity) ticks at $1 per tick. With a capital account of $2,400 you could make the above mentioned trades and not have risked more than 1% of your account. You could have done the same for the Forex trade I did using NADEX spreads. Both trades would have yielded about the same profit for the same risk but the Forex trade took 3 hours and the YM took less than 1 hour. Please see this course for trading NADEX spreads http://apexinvesting.net/trading-nadex-spreads-with-izss-course/
