For some reason I can't succeed in trading futures. I do great in stocks(not options) and other instruments. Some reason my trading style doesn't work in futures. No matter what I do, I always lose. Every time I place a trade, it goes against me. Regardless if in the trend, support resistance. So, I'm hear to say cme is the biggest scam. Hft/cme they're on the same freakin team. Wanting you to lose!
Can't win in futures trading
- Thread starter ctmvas
- Start date
Futures are much much easier to trade than individual stocks.
It's a professionals market. " A prominent Swiss banker once described the futures market as the great equalizer of wealth. He noted how quickly and substantially it rewards the "clever operator" and just as abruptly penalizes the careless or inept trader, in the most direct way known to our capitalistic society - through his checkbook.
What are your average stops in ticks or points in say the ES that are getting hit?
And how much further against the stop is it going?
Answer these two questions and you should be on your way to developing a better way to manage trades..
And how much further against the stop is it going?
Answer these two questions and you should be on your way to developing a better way to manage trades..
Also the average professional traders don't have fixed stops their size is too large they scale into and out of positions which means they have several entry points whether or not it is going against them or in their favor. Stops are used by retail traders.. Think like a professional.. then trade like one!
Many will give you one quick answers but few will tell you the truth, it's extremely challenging and takes many years to master.
Just think about this, US Index futures are so liquid, the slightlest edge will make you a rich man because of it's tremendous scalability potential.
In the meantime, no reason to abandon where you excel at.
Just think about this, US Index futures are so liquid, the slightlest edge will make you a rich man because of it's tremendous scalability potential.
In the meantime, no reason to abandon where you excel at.
Baron
ET Founder
So if you were doing great in stocks and options, then why did you even bother with futures?
Baron,
First of all thank you for the site.
I can think of many reasons.
Taxes, scalability, around the clock, leverage, etc.