NexusFi: Find Your Edge


Home Menu

 





What market to trade?


Discussion in Traders Hideout

Updated
      Top Posters
    1. looks_one zaruski with 2 posts (0 thanks)
    2. looks_two Quick Summary with 1 posts (0 thanks)
    3. looks_3 choke35 with 1 posts (1 thanks)
    4. looks_4 zpral with 1 posts (0 thanks)
    1. trending_up 1,810 views
    2. thumb_up 1 thanks given
    3. group 2 followers
    1. forum 3 posts
    2. attach_file 0 attachments




 
Search this Thread
  #1 (permalink)
zaruski
Salt Lake City, UT
 
Posts: 11 since Jun 2017
Thanks Given: 0
Thanks Received: 1

Hi,

I've been sim trading for a few months now and I can somewhat consistently make my daily goals. However I can only trade part time. That is, early morning before until 9 AM mountain time or after 6 PM mountain time. On the occasion I can't make my goal before 9AM I am able to recover with another hour or two.
My question is, what could I trade after before 9AM or after 6PM that has the required liquidity and volatility to make $100 ish for the day? I am open to anything but stocks, since I will start with $5000.

In short, I feel I am trading consistently well but need to switch to trading the time frame I have sufficient time for while I day trade part time.

Thank you!


Reply With Quote

Can you help answer these questions
from other members on NexusFi?
ATFX Suspends Prop Trading Unit ATFunded -- Full Review …
Funded Trading Evaluation Firms
Iran Update May 8: Still Reviewing MOU, Demands Reparati …
Traders Hideout
CME Launches Bitcoin Volatility Futures June 1 -- First …
Cryptocurrency
Trump Truth Social Fires Hormuz From 10% to 59% -- Arsen …
Prediction Markets & Event Contracts
Iran Airspace Collapses 18 Points to 15.5% While Hormuz …
Prediction Markets & Event Contracts
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
NexusFi site changelog and issues/problem reporting
8 thanks
Darmok and Jalad at Tanagra
1 thanks
  #3 (permalink)
 choke35 
Germany
Market Wizard
 
Experience: Intermediate
Platform: Other
Trading: ES, YM, 6E
Posts: 2,622 since Feb 2013
Thanks Given: 5,101
Thanks Received: 6,558



zaruski View Post
My question is, what could I trade after before 9AM or after 6PM that has the required liquidity and volatility to make $100 ish for the day? I am open to anything but stocks, since I will start with $5000.

Most beginners abandon a lot of their equity even if they survive the first year without shredding their accounts.
So let's start with some math - which obviously isn't the domain of many rookies:

1 year has about 220 trading days.
Making ~$100 per day would net ~$22000 per year, i.e. more than quadrupling your meager equity of $5000.

Thus I'd suggest you first learn (much more?) about trading before you dream about stellar returns.
FIO is a good start for that.

P.S.: For day-trading stocks your equity is too small anyway since PDT rules demand $25000+.


Reply With Quote
Thanked by:
  #4 (permalink)
zaruski
Salt Lake City, UT
 
Posts: 11 since Jun 2017
Thanks Given: 0
Thanks Received: 1

Thanks for the advice. Like I said, I am new and have been sim trading, but sometimes during time frames where I would not be able to trade in real life. If I'm going to learn, I need to be able to practice and learn and become familiar with how things behave at the time frames I will be able to trade in real life. For example, I've been practicing with the NQ, and there are key times in the morning, at noon and at the end of the day where volume spikes dramatically. Another way of saying this is, what are instruments have a reasonable amount of volatility between 6 PM and 9AM Mountain time, that I could look into??


Reply With Quote




Last Updated on September 25, 2017


© 2026 NexusFi®, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Downloads - Top
no new posts