Can we daytrade Futures?

Riesgo2002 · Jul 29, 2002

I had a hard time finding this bit of info on the margin rules, I have seen conflicting info here at elitetrader and other forums.

Daytrading stock options falls under the Pattern Day Trading
rules..

http://www.nasdr.com/day_trade_margin.asp

ChrisM · Jul 30, 2002

Originally posted by North Pesos

I have never trade these products before, but I would like to understand them better. Many users have recommended for the daytraders to try Futures and Options rather stocks, with some advantages as better leverage, no Daytrading Pattern. But it is really true that you can daytrade Options and Futures if you have wait long time before to proceed at the next transaction against your first?

Obviously, You can daytrade futures. However, as usuall it`s trade off. There is nothing like this product is better than others. There is a lot of written materials regarding this problem. For me, as former futures daytrader (I trade swing and position now) the most realistic description was the one in Mr. Van Tharp`s "Trade Your Way..."

Anyway, good luck and lot of patience

larrybf · Jul 30, 2002

profitseer was 100% correct. Once you trade with globex,there is no alternative. And once they figure out how to "eliminate" the pit in chicago it will truly become the preferred way to trade by all.

dotslashfuture · Jul 30, 2002

there are no restrictions on daytrading equity options either. I have a regular retail account and I do it occasionally with no restrictions on my account.

Riesgo2002 · Jul 30, 2002

Originally posted by dotslashfuture
there are no restrictions on daytrading equity options either. I have a regular retail account and I do it occasionally with no restrictions on my account.

Thats cool.. Who is your broker? And you are doing this with less than 25k?

Thanks

dotslashfuture · Jul 30, 2002

www.optionsxpress.com

there is no minimum equity.

nitro · Jul 30, 2002

yes

nitro

Miki · Jul 31, 2002

$14.95 minimum per trade - no thanks.