Virtual Accounts and Making the Transition from Stocks to Futures

From email: “I just watched your webinar "Choosing the Right Strategies and it was very informative, especially the 'placement of stops'. I plan on using a Virtual trading account at to get some trading experience in trading the E mini S&P, as you mentioned in the webinar.”

Excerpt from my reply: “Using the virtual account is definitely a great way to get started! If you already have a stock trading account also consider taking smaller positions in the ETFs trading them based upon the futures charts. For instance, 800 shares of the QQQQ is equal to one contract in the NQ, while 500 shares of the SPY is 1 contract in the ES. You can trade 400 shares of the QQQQ or 200 of the SPY to get a feel for trading the futures moves without the risk of doing so when you start to make the transition from simulated trading to live executions…”

Toni Hansen
http://www.swingtrader.net