Dow Indicator Offers Automated Trading via Mirus Futures Trade Assist Program
Many of our clients have been using Mirus Futures to execute our trade suggestions since Feb. '08.
Their Trade Assist program will execute our trade signals using the S&P 500 E-mini Futures contract in YOUR trading account AUTOMATICALLY for you. Whether you are working, sleeping or on vacation, know that your account is being traded exactly according to the strategy, without emotional trading mistakes and with no time commitment on your part. This is as close as it comes to a Managed Account, without the large incentive fees. You keep all potential profits for yourself just as if you were trading on your own!
How do I get started?
You can begin getting started by filling out the account forms on line by clicking 'Here' or by calling Perry Sellis at (800-496-1683 ext. 2243) or e-mailing him at perry@mirusfutures.com. Your trading account will be set up with Rosenthal Collins Group (RCG) - this is the clearing firm where your trading account is actually created and funded. RCG holds your funds and handles the clearing of your trades. Mirus Futures is referred to as an "introducing broker" for RCG. RCG has been in business for 80+ years and is one of the most respected clearing houses in the business.
How much is needed to open a Trade Assist account?
There is a $12,000 minimum account balance to be part of their Trade Assist program, (Joint accounts and IRA's are permitted. Contact a broker rep at Mirus and they can go over the details with you).
What are the expenses for the Trade Assist program?
Besides your membership to Dow Indicator, Mirus Futures charges just $7 round turn commission per contract making the cost of their Trade Assist program virtually no more than someone trading on their own.
How often do you trade?
With our swing trading method there are 3 - 4 trades per month making your monthly commission cost about $24 per month.
How many contracts can I trade and will Mirus Futures automatically adjust my contract size?
You should only trade one contract for a $12,000 account. Mirus's Trade Assist program will not adjust the number of contracts you are trading in your account for you. YOU MUST ADJUST THE NUMBER OF CONTRACTS YOU WISH TO TRADE IN YOUR OWN ACCOUNT. IF YOU ARE TRADING MORE THAN ONE CONTRACT AND THERE IS A DRAWDOWN IN YOUR ACCOUNT THEN MAKE SURE TO REDUCE THE NUMBER OF CONTRACTS YOU ARE TRADING ACCORDING TO SOUND MONEY MANAGEMENT RULES. When a decision is made to adjust the number of contracts, this process takes only a few minutes a week of your time. A simple example Money Management strategy is 'Here' for your convenience. We are unable to give individualized advice about any particular aspects of trading. Questions about trading Futures should always be directed to your broker rep.
Can I trade with Mirus within my IRA?
Usually you can. Contact a broker rep at Mirus and they can go over the details with you.
I don't have $12,000 dollars to open an account. Can I open up a joint account with a friend and each start with $6,000?
In most cases YES. Contact Mirus Futures for more information.
The U.S. Dollar is not my currency. Can Mirus keep my trading account in the currency of my choice?
Usually they can with some limitations. Contact Mirus Futures for more information.
Questions about Dow Indicator?
Please call 360-685-4261 during office hours between 12:00 p.m. - 4:00 p.m. New York Time (Eastern) Monday - Friday, or e-mail us at support@dowindicator.com
