Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
i believe that is why it is so attractive to many who wish to try their hands on giving futures a chance. the ratio of reward/risk is way overwhelming toward futures corner. agree?
you are correct, if you have the correct tool and methodology to ride and straddle on the trade, particularly, on the rise and fall of the price action; you could trade multimarkets, multiproducts, multitimeframes, multicontinents as well; perhaps all in the same space, all in the same time and all in the same instance as well....
WOW, WON'T THAT BE SOMETHING EXTRA-EXTRAORDINARY?
anyone on board ever tries that, pls?
let those who believe they have their engraved holygrailed trading tools proceed to the fore front.... pls.
Doesn't matter. Give me 100k and I can trade the TF futures, just as well (or as bad) as I could trade the equivalent IWM etf. What matters is that which ever approach you take, you develop an appropriate methodology specific for that approach.
I'm not sure about the algo world because I'm not there yet.
From my own experience, I would say manually trading futures during the London session,
carried over into the New York session. The same could be said for forex.
can't be generalized, depend on so many individual factors - but stay away from the heavily arb'd index futures stuff is prob a good advise for a retailer.
My trading strat uses a combo of options & stocks. One is naked puts, if I get stock, covered calls.
So I can't select one of the items on the list, since I have never been as successful using just stocks, options or futures.
I also disagree with the idea that you can trade any medium with a good trading plan. Well, I should clarify before the arguments start... I can't trade them equally well based on my strategy! I envy any that have a plan that allows them to do that!
My goal is to get equally successful at trading futures as I find it has some definate appeal of stocks and options. But part of that would be partly due to my goal of more pure daytrading versus my current swing/day trading that I do.
Sorry if I got long winded, but it is a quiet morning with no trading!