/esz3 or /nqz3 for a beginner to futures?
- Thread starter Dominic
- Start date
Well you must watch the volume transitioning to the front month then transfer over. Usually in the am about 10-11cst.
Michael B.
Michael B.
Quote from FX-Trader:
Watch out !
Starting todays it´s: ESH4 and NQH4 !
Every response to my question has been dripping with fear; is that to say that most of you here don't make any $$$ trading futures? 5 contracts is not that much too trade and I have already defined that taking a 2 point hit or $500.00 is fine with me. I have taken plenty of $500 hits in the equities as a part of trade and don't except futures to be any different.
Paper trading is fine but your emotions are no where close to what they are trading with live money.
Would anyone care to post what size and stop loss they are currently trading?
Paper trading is fine but your emotions are no where close to what they are trading with live money.
Would anyone care to post what size and stop loss they are currently trading?
Dominic,
Futures are much faster moving than equities. I know your experienced, but don't you think you are taking an irresponsible attitude?
Dripping with fear LOL.....I suggested 2 contracts over 1 to make a point. You need scaling, pyramiding and balancing opportunities that only multiple contracts bring.
Trade your 5 contracts if you must. But I do not want to be responsible for participating in your thread irresponsibly without knowing you.
Michael B.
Futures are much faster moving than equities. I know your experienced, but don't you think you are taking an irresponsible attitude?
Dripping with fear LOL.....I suggested 2 contracts over 1 to make a point. You need scaling, pyramiding and balancing opportunities that only multiple contracts bring.
Trade your 5 contracts if you must. But I do not want to be responsible for participating in your thread irresponsibly without knowing you.
Michael B.
Actually, it's pretty much your own fault, Dominic, for welcoming any input, which is exactly what you got
As to your original question, I like the NQ, but there's no inherent "better" or "worse". They move more or less in tandem, but they each have different personalities. Even if you don't like paper-trading, I suggest doing so for at least a few weeks just to get a real-time sense of how they behave. You'll also be able to answer your own question about stops.
As to whether or not you should trade futures at all, that's your business, as well as the number of contracts.
NQ is cool
Quote from dbphoenix:
Actually, it's pretty much your own fault, Dominic, for welcoming any input, which is exactly what you got
As to your original question, I like the NQ, but there's no inherent "better" or "worse". They move more or less in tandem, but they each have different personalities. Even if you don't like paper-trading, I suggest doing so for at least a few weeks just to get a real-time sense of how they behave. You'll also be able to answer your own question about stops.
As to whether or not you should trade futures at all, that's your business, as well as the number of contracts.