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Typically in trending conditions the NQ makes about 2 times the price moves of the ES & YM, over the long term. The NQ is a breakout market, and I like that. Blue=QQQ, White = SPY, Gold = DIA

TD Ameritrades platform 'Think or Swim' has a cool scanner where you can search the sea of stocks or specific indexes for gap up/down - you input the look back period & % of gap, avg daily volume, stock price range, etc. What's really cool is you can pull it from a watchlist as well.

Forex is regulated in the U.S by the The National Futures Association (NFA) & Commodities Futures Trading Commission (CFTC). Seen plenty of HFT thuggery at the CME - like huge gap opens when spot price was nowhere in the ball park. A lot easier to game the much smaller futures market than...

Novices think an edge is found in entry signals. Seasoned/profitable traders know the edge lies in the sum parts of the traders psychology and trade/risk mgmt.

Real good traders will always follow their rules. Great traders know when to break their rules.

Currency trading sure has been good to me, what is there not to like about it? It can trend well at times, has low trading costs, & massive liquidity. I use both futures and spot. My own observation from forums over the years is that most day traders seem to have a horrible time trying to...

I like the IEX simply because I hate the predatory HFTs.

I just happened to come across this article toady - a good read for new traders. Common pitfalls for traders

Call me old school, I always go to where the volatility is, tracking just under 100 instruments. I would sure hate for my yearly performance to depend only on the lethargic S&P500. If your going to trade only 1 instrument and like stock indexes, I think your far better off with the NQ - its...

Wild speculation does pay off sometimes, it is the opposite of 'risk free' as implied. Making a lot of $ is not nearly as hard as keeping it. A 'pro' has a sustainable strategy with layers of risk mgmt to idiot proof their own demise. Observation: when the SEC imposed the PDT rule the retail...

If they don't withdrawal any $ than the next month they will need to make less next month (33%) and so on. The OP appeared like they were interested in trying to live off a $10k acct by making $5k per month to cover their living expenses, at least that's usually the case with these type of...

Agreed. I gladly take the overnight positions. “If you don’t find a way to make money while you sleep, you will work until you die.” Warren Buffet

I could care less about ticks and points, the only thing I care about are the basis points risked/lost/gained on the bankroll.

Swing trading - 200-250 round-trips per year Hold time of winners days to months My last year as a full time day trader I paid $44k in commissions/fees - I finished flat, I switched to swing trading and never looked back. Nothing worse than working like a dog to make your broker richer!

My annual paid commissions/fees: 0.24%. With slippage my annual real cost of trading is < 2%.

How to find a guide For trading

Is it possible to consistently make $5000 a month trading 2 index futures contracts per trade How much you can make primarily depends mainly on the size of your bankroll. You will also need a great deal of trading + risk mgmt experience if you hope to be able to have a sustainable income over...

This killer whale gambler negotiates his own terms with the casinos so that he has a slight edge - and then he eats them alive. The big short of casino gambling.

Trading goes against human nature - you first have to overcome your own fear and greed, something that few will ever accomplish. Being a winning trader requires a relentless & unconditional persistence. Common Reasons Why Many Wash Out From Trading. Under capitalized - a study done by the...