E-mini S&P 500 (ES) on MyFundedFutures

Trading the E-mini S&P 500 (ES) at MyFundedFutures offers flexibility with no daily loss limits and trailing intraday drawdown monitoring. With account sizes up to $150,000 and the ability to trade up to 15 ES contracts, traders can scale their positions while managing risk through the firm's peak equity-based drawdown system.

Position sizing for ES at MyFundedFutures requires careful consideration of the trailing intraday drawdown system, which tracks your peak equity throughout the trading session. Unlike firms with daily loss limits, your risk is measured against the highest point your account reaches during the day, making it crucial to size positions conservatively as your account grows intraday. With ES moving at $12.50 per tick, a 10-tick stop loss on one contract risks $125, while the same stop on 5 contracts risks $625.

The trailing drawdown system particularly impacts ES trading during volatile market sessions, such as around economic announcements or market opens. Since MyFundedFutures allows news trading, you can capitalize on these opportunities, but the trailing nature means that if your account peaks during a winning trade, your maximum allowable loss resets from that higher level. This requires dynamic position sizing - you might start the day trading 3 contracts but need to reduce size after profitable trades to maintain the same risk percentage.

Practical risk management involves calculating your maximum contract size based on your typical stop loss in ticks. For conservative 10-tick stops, divide your drawdown limit by $125 to find your maximum contracts, then trade smaller to allow for scaling. The absence of consistency rules means you can adapt your strategy based on market conditions, taking larger positions during low-volatility periods and smaller ones during high-volatility sessions. Since overnight positions are allowed on funded accounts, you can hold ES positions through sessions, but weekend holding is prohibited, requiring you to close positions before Friday's close.

On a $100,000 MyFundedFutures account with trailing intraday drawdown monitoring, trading 1 ES contract with a 10-tick stop risks $125. This represents a conservative 0.125% account risk, allowing room for multiple trades and account growth throughout the session.