Just a quick lesson in logic, it doesn't necessarily follow that because you can't succeed in futures it must be that the "cme is the biggest scam". You'd need to produce some evidence of that, and your failure doesn't comprise such evidence.
Can't win in futures trading
- Thread starter ctmvas
- Start date
Great points all around. I call it a scam bc regardless of buying, shorting based on trend the trade always would go the opposite direction. I'm probably being a sore loser. I trade futures bc i only have to focus on a handful. Whereas stocks, I have to scan/screen, news etc. I'm doing great in the other areas, it's working, so why switch it up.
Take a look at Trade Like a Boss Series from this guy.. Oliver Velez
There is like 20 of them or so.
Just food for thought..
Just food for thought..
'Nough said.
HFT/CME or the market doesn't even know you exist. Find someone else to blame. 
By the way - what's the difference between day trading futures and stocks? Is the price action inherently different? I never did any actual intraday trading, nor research, on stocks.
By the way - what's the difference between day trading futures and stocks? Is the price action inherently different? I never did any actual intraday trading, nor research, on stocks.
The "markets" are an expensive place to experiement on short term randomness ...
Over the long run, the stock market has gone up 66% of the time and down 33% with compound growth of 9%+ on the S&P500 and 14% on small cap value. Don't know of better odds ...
Over the long run, the stock market has gone up 66% of the time and down 33% with compound growth of 9%+ on the S&P500 and 14% on small cap value. Don't know of better odds ...
There's no shame in making money. Therefore, stay with stocks. It really is that simple of a decision.
If you want to demo, simulate and backtest futures...that's ok. Only do such until you have a profitable way to trade futures before venturing into real money trading.
Its a common mistake for profitable stock traders that move into futures to apply the same method without any backtesting or simulation in futures.
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I tried out for the NBA and I didn't make it... NBA is a scam
My guess is that you’re probably an emotional trader and you are trying to read (feel) something that isn’t there. After you enter a trade and it goes in the opposite direction, than you are misreading what you are seeing. If you’re ok with grandmas style markets like buying and holding stocks than go back to stocks. Futures markets thrive on noise. Emotional traders don’t do well with markets that move around a lot.