“Another big challenge is sticking to the system when I’m seeing only very small returns…”

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Hi Michael,

My biggest challenge in trading is the size of my equity and what type of security to trade. Because I only have 2000 dollars to trade with and not enough to trade futures I started with ETFs. However, it is very slow going because the leverage isn’t as good as commodities. Even when I have a winning trade it sometimes barely makes enough to offset commissions.

I am thinking of focusing on stocks for trend following due to the higher upside, or use leaps, until I have enough to trade mini futures.

I guess another big challenge is sticking to the system when I’m seeing only very small returns at the moment and waiting for those outlier moves.

Other than that I love the podcast content and enjoy the message you promote.

Thank you,
Mitch T.

Welcome! Need to have the mindset to win at this.

Filed under Trend Following