Recent content by abenyukh

What exactly does it mean to trade spot? Is spot different from Forex trading currencies? I see people saying i trade spot, or i trade FX, what is the exact difference? Thanks

Can someone please explain to me what it means when people say "drawdown" or "max drawdown" or "daily drawdown" I am not sure what they are reffering to. Is this the loss amount of a trade or something else? Sorry for the ignorance, i am just learning. Thanks-

Strictly from a swing trading point of view, not Day trading of these futures, do you think that since for the most part they stay in sync that it really doesn't matter which one to trade.

I am very new to this, and today was my first day watching intraday, and the chart looks almost identical for both

I have a, what may be a stupid question, maybe not. What is the advantage of play ES over NQ or vice versa. Looking at some historical charts, they seem to move almost exactly with each other. Both go up and down at the same times. Is the only difference the multiplication factor of x50...

What exactly is meant when people refer to a futures trading system. Companies or people that sell these systems like breakout futures or pcr trading signals? Is it software, or a TA manual, or what exactly does system mean in that context. Thanks-

will they at least teach me the basics and mecahnics. I guess i need to learn those before i start lookign for a strategy. Thanks-

Ok, Fine Fine Fine... I can take the jokes.... Its just very hard to find good information these days. With all the BS companies offering instant riches using their picks and the such. My goal is to be able to move to a full-time futures trading career, but i know that will be...

You guys are very funny. I'm sure you all didn't start making millions when you started out. I already know i am no position to start today. I am however trying to get my questions answered and am trying to learn. Those of you who gave real answers, i appreciate it greatly. Those who...

Fan, I thought all stock trades (short term or long) were taxed as capital gains? Can you possibly point me at a link that says otherwise? My accountant must not know this, i'd like to show him something if you know of the top of your head. Hard Rock, What do you mean by exposure...

Perhaps someone can explain the flaws in my thinking. First, e-minis claim tax benefits because of 60/40 rule where 60% is taxed at Capital Gain rate while 40% is taxed at personal rate. How exactly is that an advantage. I am in the 30% tax bracket, so it is better i think to have the...