Alright, let's talk about something fundamental, especially when you're dealing with offshore structures: position sizing. It's not about being a genius trader; it's about not blowing up your account when you're wrong, which you will be.
Most folks get this wrong. They see $JP225 at 69174.97, think it's going to 70k, and pile in with half their capital. That's not trading, that's gambling. Position sizing is simply determining how many units of an asset you'll buy or sell based on your risk tolerance per trade. A common rule of thumb is to risk no more than 1-2% of your total trading capital on any single trade. Say you've got a $100,000 account and you're risking 1%. That's $1,000. Now, if your stop loss for that $JP225 trade is, say, 500 points away from your entry, you simply divide your $1,000 risk by those 500 points. That tells you how many units (or futures contracts, or CFDs) you can take on without exceeding your defined risk. It forces discipline and ensures that even a string of losers won't decimate your capital. It's boring, yes, but it's what keeps you in the game, particularly when you're managing funds through an offshore entity where scrutiny might be higher and capital preservation is paramount.