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So you can use very low leverage with forex? I've always wondered that because I've heard a lot about people blowing up with currencies and I didn't know if it was the same situation with a huge minimum contract size and people not properly capitalized to trade it. I thought the capital...

Aside from spreading the ES vs YM, what other single futures contracts are smaller or less volatile that I could trade? I've been thinking of currencies or bonds but I haven't really been in that world so there would be a lot to learn. Like I said, I've always focused on stocks. Also...

I know how it sounds, I just like to enter positions with small risk. I do typically hold positions for a few days to a few weeks. When the market gets volatile is when the restrictions come into play. Thanks everyone for the constructive advice. I appreciate it.

Everything is relative to the amount of cash you have. I don't want to use insane leverage. How is it any different to try to turn $20,000 into $40,000 as opposed to turning $200,000 into $400,000? It's no different as long as your risk is scaled to account value. From the looks of it...

The problem with that is I have cash just under the requirements for day trading margin. I am not a day trader but it's quite frustrating to deal with the limitations because I scale in and out of positions. Scaling in and out can easily put you over the day trade limit if you change your mind...

to oldtime: I never thought of buying one and shorting the other to give a smaller net long/short position. That makes a lot of sense, I guess I'll finally have to go read the CME website. LOL, sorry guys. I was putting that off as long as possible. The problem with that is the broker I...

One of the main reasons I was interested in Eminis was the tax benefits of the 60/40 rule. But I think I'll have to be better capitalized to start trading emini. Does anyone know any other futures contracts that are less leveraged that I could trade besides Emini? Can you trade currencies...

to Scataphagos: I see what you're saying. So essentially it's like buying groups of 50 shares of SP-500. Then depending on how much cash is in your account and how many contracts you use you can be extremely leveraged or conservative. The thing about stocks (spy,sds, bgu, bgz) is I...

Hi everyone, I've been actively trading stocks for a few years now. I decided that I'm going to start looking into trading futures instead. I understand stocks very well (fundamental analysis, technical analysis) and money management. It seems that trading futures should be very similar...

Thanks. By the way to savage, I obviously know how charts are constructed. You misunderstood my question. I want a spreadsheet of ohlc not a visual representation of it. I'm not sure why you would respond to a question that you are supposedly laughing at. Why are you on this forum? I...

Hi there, I currently use Worden real time charting for trading. I'm always looking for different perspectives to view price action in the market. Stockcharts.com has a way to look at daily prices on a spreadsheet for open, high, low, and close. I was curious if anyone knew of a way to get...

I'm a little late to this thread, but just to complicate things further would that make sense then to sell a percentage of your position on the way down to allow a breakeven or profit on a trade where you're losing? I always average up and I generally have a hard stop where I sell out right...

So with the emini futures the smallest position I can take would be $60,000? That's a lot of leverage. That's 3 times my cash value. Maybe futures wouldn't work for me then.

Thanks everyone for the helpful advice. I typically trade etf's like sso, sds. My account is $20,000 so I can't day trade yet. I'm not looking to place a million trades a day but the pattern day trading rules do get annoying to keep track if you change your mind or get whipped out of a...

Hi everyone, I've been trading stocks for a few years now and I've done very well. I'd like to make the move to futures (specifically s&p e-minis) but I'm not sure where to start. Stocks are quite simple to understand and to trade but futures intimidate me a little. What is the best...

Hi everyone, I've been trading stocks for a few years now and I've done very well. I'd like to make the move to futures (specifically s&p e-minis) but I'm not sure where to start. Stocks are quite simple to understand and to trade but futures intimidate me a little. What is the best...

I'm familiar with the pattern day trader rules and I have more than $25,000 (that was just for a quick example). Now this is crazy and I wouldn't do it but just for example then, if I had $30,000 and I bought $120,000 worth of one stock, I can hold it over night as long as I sell $60,000 of...

Hi everybody, I'm not new to investing but I'm not a very high frequency trader so I'm wondering some of the margin rules if someone would be so kind to explain. My questions have to do first with start of day trading buying power. If I'm day trading I realize you get up to 4x your intiial...