Kardex Trader walks through the essential setup for futures traders: start with liquid contracts like ES or NQ during New York hours, decide between scalping or day trading early, paper trade thoroughly, then risk only $1,000 to $3,000 real money. Build a repeatable process and track every trade to find what breaks before you scale.
In trading, there's a few things that are not negotiables for us. Let's just say we pick futures. I am trading, let's say, ES, trading NQ, New York session. Second thing is I want to start knowing, okay, how do I want to trade? Do I want to scalp? Do I want to like day trade? The next thing is you want to use real money. Start with, I don't know, $1,000, $2K or $3K. I don't think you should go in with more than that. This is after the fact that you've paper traded, you've understood the market, you understood what works, what doesn't work, how the platform works, and you kind of have a good idea. And then from there you want to start building a process. And the reason we want to have a process and we want to have data tracking here is because we then know what our problem is.
