Wednesday, November 20, 2019

Enhancing Sim Trading

Hello guys,
The month of November is gradually drawing to a close, and we are still short 1 E-mini S&P500 waiting for a change in our fortunes. Since CME provides their Simulated Trading platform users with a capital of $100,000 (and our recommended capital is $70,000, as you will remember), I took the chance to enhance our virtual position by selling 3 Micro E-minis on the leftover ($30,000) at 3117.00 - much better than the original trade at 3034.50. That is quite legit under the Program - if you have a capital larger than required, feel free to strengthen the position, but in compliance with the recommended rules. Here, the allowed amount per 1 Micro E-mini is $7,000; 3 contracts fit in easily.
Well, basically we stay put for now.
Bye till tomorrow,
Vlad

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