BlogApril 5, 2023Michael Covel

“What do you think is the appropriate amount of start up capital…”

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Hi Michael,

I have read a couple of your books. I completely agree with the validity of Trend Following. I traded commodity futures in the past on my own and love it. However, I have since been in positions that will not allow this time of activity.

I am definitely going to purchase the Flagship System at some point. My question is, what do you think is the appropriate amount of start up capital to open an account for trading– knowing that there will be draw downs while waiting for the nice trend to develop. Also, given the margin requirements these days.

Thank you,
Steve G.

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