DO NOT Trade Over-Leveraged
If your car goes 160 MPH it doesn’t mean you should drive it that fast all the time! Leverage is a knife that cuts both ways. If you trade more contracts and you are winning you make more money. WE ALL LOVE MORE MONEY! Save it for when you go live! When doing evaluation accounts consistency is king. It is better to make 500-1000 per day and do it daily vs make big chunks one day, and lose big chunks the next. Depending on the TYPE OF DRAWDOWN you selected for your evaluation, your trading plan’s winning percentage and your ability to follow your plan you may choose to trade more or less contracts. Short version, most traders are better off trading small lots and being consistent.