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)
ahhh... you daytrade futures using options and your daytrades must be far longer than mine... entering early in the day and exiting later in the day versus mine that run less than an hour .. im sure options takes a lot more analysis than my daytrading futures from charts. your analysis must be much different than mine.
When it comes to aspects of the overall analysis, and also there are again different ways and possibilities, depending on the target, then yes then there are also really from small to extreme differences between pure option trades, option strategy trades and pure future or future strategy trades, even pure stock trading, etc..
Furthermore, there are, depending on the used derivative (option or future, stocks or what ever like Swaps aso) various, non-chart analysis tools, which will and can differ significantly.
When it comes to pure chart analysis of an option or a future or a stock aso, then there can be certain differences, because especially in pure futures trading more specific tools are used than in pure options or stock trading aso.
Regarding trading times with the individual derivatives: As you mentioned, yes there are certainly differences. But again, nothing is set in stone, as this also depends on what goals and strategies I pursue in trading.
In my case, it was so that we selected a futures market in a small team, then analyzed the option and the chart and then went into the trade. Since options have different duration, the trade ran, as far as it did not run out of control, through this whole time. During this time the market was analyzed again and again as well as the tools were checked, which were not of chart-technical nature. Then changes were made to the running trade, the running strategy until it was decided to take profit or simply let the strategy run until the option and future expiration.
Now this was probably all a bit much what I have now mentioned in a nutshell, but I hope it inspires you to see what is actually going on out there. And even I have only a small insight into the whole universe of trading, but I have an insight in a very special part of it.
thank you for your explanation... this is why i ask for a chart and explanation... i don't think that chart traders have much in common to discuss with option traders, tick traders, orderflow traders or dom traders. if a person trades any of these 4 ways, then they usually say they are not a chart trader and we have little in common to discuss. I started daytrading stocks 26 years ago, a trader convinced me to switch to daytrading futures about 15 years ago. of the 30+ daytraders that started out daytrading futures together 15 years ago, there are only 5 of us left. one switched to manual tick trading 5+ years ago, one switched to orderflow trading a couple of years ago and the remaining 3 of us still trade using charts. of those 3 trading with charts, one is trading his own automated algo, one trades charts manually and i have automated trade management. 3 are usa traders and 2 are european traders. we all continue to discuss trading, but few new trading ideas are formed... hence, my interest in discussing daytrading futures here.