To understand more about money management please refer to our Money Management page. Mirus Futures' Trade Assist program requires a beginning balance of $15,000 per contract traded. eOptions SPY Trade Assist program requires a beginning balance of $30,000. Please contact your broker rep for the margin requirement as this amount does change from time to time, and is decided by each brokerage firm and the exchanges. As of April 19, 2010 the minimum margin is about $5,600.

For our E-mini signals services, we recommend a minimum of $15,000 per contract, and for SPY $30,000. Please see our Money Management page for more information.

Yes, you can trade on your own. You do not need to have a trade assist account. The new trade suggestions are posted in the members area around 3:50 PM New York time.

Absolutely. It's not wise to trade without a stop loss. We have carried out extensive research on each of our trades to decipher the best stop-loss point. Depending on the volatility of the market our cash Dow stop loss ranges from 150 - 400 points ($750 - $2,000) points during the day session, and based upon market behavior we might tighten the stop as a trade progresses. The e-mini stops range from 19 - 52 points ($950 to $2,600). We also have an overnight 'catastrophic stop' that is larger than our cash dow day session stop and is based on the prices of the e-minis. The prices for the overnight e-mini stops are relative to what the cash dow stop would be if the cash dow traded at night plus a little extra. This keeps a stop in place during the night trading session, but gives a little more room for potential wild price moves overnight. Our research shows this has been helpful in the past. All stops are handled by Mirus's Trade Assist trade desk in accordance with the Dow Indicator system.
While it's never happened to date with Dow Indicator, keep in mind that it is possible that a loss could be greater than the stop loss due for instance to a gap at the opening over a weekend or for any other reason that's possible in futures trading.

Yes. The protective stops for the e-mini S&P 500 ranges from $150 to $600 depending on the volatility of the market. If the average true range (volatility) of the daily bars is about 17 points or $850 then the day trading stops are about $150. As the volatility increases the protective stops increase as well. Keep in mind that when the volatility increases the profit targets also increase. SPY protective stop is .3 - 1.2 points. The risk you take will be based on the number of shares you trade. Please refer to the Money Management Page for more details.

Yes. The profit targets for the e-mini S&P 500 ranges from $100 to $2,000 depending on the volatility of the market. Most of the profit targets will be between $100 to $400. If the average true range (volatility) of the daily bars is about 12 points or $600 then the day trading profit target is about $100 - 400. As the volatility increases the profit target increase as well. Keep in mind that when the volatility increases the protective stop will also increase. The SPY profit target ranges from .2 to 4 points. Most of the profit targets will be between .2 and .8 points. Please refer to the Money Management Page for more details.

Yes. For your convenience and so as to not cause any disruption to your service, your recurring subscription WILL automatically renew unless you go in to Pay Pal and cancel it before your renewal date.

Usually you can. If you are using either Trade Assist program, contact an appropriate broker representative:

eOption: Toll Free # 888-793-5333
Mirus: 800-496-1683 ext. 2243

If you have an account with another brokerage firm, you will need to contact them.

There is a very high correlation between S&P 500 and the Dow Jones Industrial Index. Any market related to these two indices can be traded.

Shorting is the opposite of buying. When you buy something and the price goes up, you profit. Inversely, if you sell first and then buy it back when the price drops, you profit. Shorting is simply a means of profiting from a falling market. You are literally selling something you don't really own, but you are 'committing' to buy it back later. This commitment is a form of value, because it allows a 'trade' to occur. Imagine a world where there were no 'sellers' and only 'buyers' - it would make it near impossible to create an orderly, balanced market. Obviously if you sell something first, and if the price goes up, you are still committed to buy it back at a loss, thus allowing the person who 'bought' to make a profit. For every buyer there is a seller, and when you 'short' you are the seller.

No, they can't. This is one of the main differences between a truly 'managed' account, and utilizing Mirus's Trade Assist or eOption's Auto-Trade Programs. It should not be very time consuming however, as the vast majority of trades will not require an adjustment of your contract size at the end.

Sometimes the best trades take off right away. These trades should be traded to have the greatest profit and smallest drawdown. It is better to get in 30 points late rather than miss the trade entirely. We regularly post the volatility of the market in the members area, and as long as you can enter no later than 25% percent of the current volatility, the trade should be taken. For members that cannot regularly follow the trades due to work or other commitments, we suggest they utilize Mirus's Trade Assist or eOption's Auto-Trade Programs.

The overnight 'catastrophic' stop for all trades is between 40 - 50 S&P e-mini points from our entry price, regardless of what the e-mini or Cash Dow stop for regular market hours is. What determines the overnight stop between these values is the current volatility of the market. Overnight price action can have wild swings and our research has shown that having wider stops prevents premature stop out. A catastrophic overnight stop has never been hit in Dow Indicator history, but be aware of it's possibility and plan any money management/compounding of contracts with this in mind.

With Mirus's Trade Assist program or trading on your own, you are limited to trading up to 10 e-mini futures contracts per subscription. These 10 contracts can be split between any number of accounts a subscriber sees fit as long as the contracts remain within the subscribers' own accounts. (i.e. personal account, business account ...etc.)

Even if just one account, if a brother/sister, parent, friend, business associate (or anyone else other than a spouse) also benefits from any account, whether in Mirus's Trade Assist or traded on one's own, another subscription is needed for each person who benefits from the account as agreed to in our 'Terms and Conditions'.

The one exception to the above is if a subscriber does not have $15,000 to open an account and opens a joint account with anyone other than a spouse and therefore jointly funds the account with a share of the total $15,000 needed. In this case, only 1 contract can be traded with Mirus until a 2nd subscription is purchased, at which time up to 20 contracts can then be traded in the joint account due to each person having a paid subscription.