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(These indicators allow me to establish what way the market is trending and enter on pullbacks)
Why do I day trade Nasdaq futures?
I day trade Nasdaq futures because I am disciplined trader.
I day trade Nasdaq Futures because I am a provider of financial freedom to myself and my family.
I day trade Nasdaq futures to leave a legacy of greatness and perseverance Acro Shivers
After carefully analyzing my goals for trading and the style of trade i am, the Nasdaq suits my trading style much better than the S&P and I can trade knowing my worst case scenario for any 30 trade sample set.
Risking 2.5 points to make 15 points is the basis of my trading, and I have realized the nasdaq offers more 15 point moves daily than the s&p offers 6 point moves.
Small losses are a cornerstone of my trading approach. The elimination of large losses has truly helped me turn a corner in my trading and understand edge development in a more concise manner.
Knowing the worst case scenario of a trading plan helps me trade with more confidence and less fear and hesitation.
Starting a 30 trade sample size tomorrow with 1 lot MNQ.
30 Losing trades in a row 1 MNQ= -$186.60
30 Losing trades in a row 1 NQ = -$1,628.40
30 Losing trades in a row 50 NQ= -$81,420
This includes commissions and fees through ninja trader (lifetime license)
1 lot Micro NQ
1 lot mini NQ
50 Lot mini NQ
Including commissions this is what 30 Winning trades in a row would look like using my stop loss and profit target:
Stop-loss: 2.5 Points (10 Ticks)
Profit -Target: 15 Points (60 Ticks)
30 Winning trades in a row 1 MNQ= +$863.40
30 Winning trades in a row 1 NQ = +$8,871.60
30 Winning trades in a row 50 NQ = +$443,580.00
