4tison 

Seeking advices, if it is at all prudent or even practical to venture into the pool of hungry sharks with baits so insignificant? All comments or suggestions or advice or snickers or condemnations or whatever are welcomed. Keep it polite pls, there might be sister theresa around. Any broker wish to offer free commission for sixty day or much less, or whenever there is a margin all.... LOL Starting in 30 days, after my by-pass operation!

Is this your first time trading the NQ or futures in general ? If it is, I would save your $2000 and trade SIM. I can tell you that if you are new...the NQ is the one of the absolute worst markets to attempt to daytrade live with a 2k account....well, that and the DAX. The NQ is very volatile and can move very fast. It offers many opportunities daily for seasoned traders but likewise can be a meat grinder for newer, less experienced traders.

The ES is twice the cost to trade compared to the NQ. Most new traders choose the ES. So I must commend you on your choice.

ES

4tison 

Seeking advices, if it is at all prudent or even practical to venture into the pool of hungry sharks with baits so insignificant? All comments or suggestions or advice or snickers or condemnations or whatever are welcomed. Keep it polite pls, there might be sister theresa around. Any broker wish to offer free commission for sixty day or much less, or whenever there is a margin all.... LOL Starting in 30 days, after my by-pass operation!

TheShrike 

Practical? No. Prudent? No. NQ can rip your face off. CL is a choir boy compared to NQ. Build up a larger trading bankroll first and educate yourself in what you're getting into. No one should be trading futures contracts with 2k. Probably not what you want to hear but I promise you it's the truth.

You really think CL is slower then NQ? The times when I've traded CL it seems like it has long periods of chop then BANG shoots off at extreme speeds, NQ is fast but at least it seems to give you lots of entries.. if your the shorter TF type.


-P

What is your trading style, what is your business?

Sent using the NexusFi mobile app

TraderEX 

I started with 2k 21 months ago and have only used 3100 and now 3500 for the last 2 weeks, fixed at 2k. I live on the net profits week by week. In the 3800's for margin tomorrow. I lost 11,700 in 2014 and 15. Won 8 dollars in January 2017. This was my first profit ever. So, I am now 3.75 years from thinking, "Hmm m maybe I could just earn some pocket money" I just stuck to what I know. Tradovate will take 2k to open. Free platform and 0.79 per side commissions. try the free 2 week demo first. Godspeed with the surgery. Come back, we'll leave the light on. EX I thank my critic for the critique as forgetting what I stated above would lead an ignorant person astray. I simply shared my experience and made no suggestion for you to trade. Just provided you with the information on where to go if you felt ready to start. Since I see things in a "different" way and am an autodidact, when I hear my critics say that you cannot do this is because i cannot. Maybe he'll post where he trades, I'll show you how transfer that war chest, one tic at a time. P.S. I forgot to tell you, I am a special case. The level of genius that it took for me to extract a paycheck every single month for last 21 months is what I possess. I am a pattern recognition expert (PRE) scoring 99.97%tile (3 of 10,000). Since I do not know you, I did not make the assumption that you were not. Everyday it gets easier and easier. Now that my back load of medicals bills have been paid, I should be able to scale a contract a week. My algorithm is being coded by MIT and the marketing is aimed at e gamers in Japan; I trade manually. Limiting the sale to 4000 only at $4995.00 USD by Tencent: TCEHY. May be out before XMAS, or may not but will not see the states. I have a thread going in Journals about it. What I am sharing here can also be used at the NQ but somewhat less effective I started a journal for all to see. Anyone thinking this is not my experience should cruise right by without stopping. I saw a good one on where to get ES support/resistance lines by daily email gratis. The thread is packed. My critic and I agree on one thing, takes aLOSER to pay a winner. Not much insight needed but accurate. Amazing that no one offers a pray or "hopes" for your recovery. The saying you can only service one GOD effectively is apparent in these rooms. Again, Godspeed sir.

I read your post with immense interest.

Are you a part of the recommended Tradovate ?

Just how does it work?

Thx much

lsubeano 

I think you're asking the wrong questions....and by the questions you've asked, and having major operation..... no no no....def no.... but hey, I'm sure you'll do it anyway (b/c we all do it)----- Anyway..... know when to trade and when not to trade know why the market moves and really know don't be afraid to hold a position and don't be afraid to cut it quickly and reverse if the market doesn't move quickly in your favor get out or reverse if you don't know what you're doing don't get in a trade don't trade with 2k----20k is better (either way you'll prob lose it if its your first account) pay attention to every detail you can and know where daily/weekly highs/lows are and how markets act in that area hope that helps....my 2c and yes there are brokers with $500 contract margin

I just got to read your valuable response.
Thx a mil.

What you mentioned is very true indeed, such as - -

1--don't be afraid to hold a position and don't be afraid to cut it quickly and reverse

2--if the market doesn't move quickly in your favor get out or reverse

3--if you don't know what you're doing don't get in a trade

4--don't trade with 2k----20k is better (either way you'll prob lose it if its your first account)

5--pay attention to every detail you can and know where daily/weekly highs/lows are and how markets act in that area

hope that helps....my 2c and yes there are brokers with $500 contract margin[/QUOTE

6--but you forgot to mention THE NAME OF THE BROKERAGE....?

Great advice.... much appreciated.

Babool 

Is this your first time trading the NQ or futures in general ? If it is, I would save your $2000 and trade SIM. I can tell you that if you are new...the NQ is the one of the absolute worst markets to attempt to daytrade live with a 2k account....well, that and the DAX. The NQ is very volatile and can move very fast. It offers many opportunities daily for seasoned traders but likewise can be a meat grinder for newer, less experienced traders.

Thx a mil for your advice and insight as well.

I shall watch my step very carefully
so as I would have enough to trade
again the following day.

MichaelFlowTrader 

What is your trading style, what is your business? Sent using the NexusFi mobile app

My trading style?

To stay alive, so I could trade again the next session or day.

Am currently unemployed.

Have plenty of time in hand though.

Hope to stay alive for a few days? Weeks? Months? Longer....?

ElectricSavant 

The ES is twice the cost to trade compared to the NQ. Most new traders choose the ES. So I must commend you on your choice. ES

You are a master trader,

give me some specifics so I may
perhaps stay alive a little longer than most....?

Thx in advance.

Babool 

Is this your first time trading the NQ or futures in general ? If it is, I would save your $2000 and trade SIM. I can tell you that if you are new...the NQ is the one of the absolute worst markets to attempt to daytrade live with a 2k account....well, that and the DAX. The NQ is very volatile and can move very fast. It offers many opportunities daily for seasoned traders but likewise can be a meat grinder for newer, less experienced traders.

Babool, you are a master trader,

how about giving me some specific
trading tips or advices?

Thx much in advance.