Trading123 Money Management

Trade 1 contract per $3000 in your account.

Look for $150 a day in gains per contract

This will generate $3000 a month in gains for 1 contract

Focus on being consistent in your gains, build your account slowly

After 90 days you have increased your account

Then trade 2 contracts with daily goals of $300

This will generate $6000 a month in gains for 2 contracts

After 90 days you have once again increased your account

So after 6 months trade 2 contracts with daily goals of $500

Do that for 3 months, this will increase your account and generate $10,000 a month

After 9 months you can increase you contract size if you wish. You have to be comfortable with what your trading and be able to handle the risk. Go for daily goal of $1000 a day, which is $20,000 a month

Maintain these daily and monthly goals for long term returns