Forget futures and forex...

Quote from intradaybill:

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Quote from short&naked:

Both ET members lescor and neke trade mostly single stocks and have both lasted close to 10 years in this business. One of the best perf. systems on collective2 trades NQ stocks.

See the patterns here? Forget futures and forex. They are losing proposition for the retail trader without a serious edge.

Let me help you out here with a really cool pattern I've noticed. I live in Chicago, the trading capital of the world. OK? We have about 50 prop firms here that trade futures. I think we have one that trades stocks. One! Pretty neat pattern huh? Let's see if you can figure out what that means.
 
Quote from Maverick74:

Let me help you out here with a really cool pattern I've noticed. I live in Chicago, the trading capital of the world. OK? We have about 50 prop firms here that trade futures. I think we have one that trades stocks. One! Pretty neat pattern huh? Let's see if you can figure out what that means.

Lets face it, he doesn't know how to trade FX or futures markets therefore he thinks ppl need an edge to trade them. In otherwards, he has no clue.....so he bashes what he doesn't understand or can't excel in.

** Its the ignorant ones that are always proclaiming to know about things/subject matter they truly do NOT understand. TRULY PATHETIC
 
Quote from Maverick74:

Let me help you out here with a really cool pattern I've noticed. I live in Chicago, the trading capital of the world. OK? We have about 50 prop firms here that trade futures. I think we have one that trades stocks. One! Pretty neat pattern huh? Let's see if you can figure out what that means.

Since it's actually London not Chicago, it's not OK, fool.
 
Quote from short&naked:

Since it's actually London not Chicago, it's not OK, fool.

Huh? Dude, there are far more prop firms in Chicago then London. It's not even close. Probably a 10 to 1 ratio. Not sure what that has to do with your argument though.
 
Quote from southbeach4me:

Lets face it, he doesn't know how to trade FX or futures markets therefore he thinks ppl need an edge to trade them. In otherwards, he has no clue.....so he bashes what he doesn't understand or can't excel in.

** Its the ignorant ones that are always proclaiming to know about things/subject matter they truly do NOT understand. TRULY PATHETIC

Go back on your diet and leave this to the big boys... ;)
 
Quote from short&naked:

Since it's actually London not Chicago, it's not OK, fool.

London is the physical trading capital of the world. Chicago is by far the futures trading capital of the world.
 
Quote from short&naked:

Go back on your diet and leave this to the big boys... ;)

With all the ignorant garbage you've posted about FX and futures; I, as well as everyone else on this site would hardly consider you to be one the big boys, .....more like small and clueless.
 
Quote from brokenmarkets:


position trading or swing trading is better for stocks rather than futures.

forget futures for position or even swing trading...some people use futures for hedging but you can do that with options.

Since there is time decay with options, you will lose money if price just sits there same as stocks. I been long term trading commodities since 1986, for value, margins are much much much lower than owning stocks. Still comes down to experience and what you like to trade, but saying what is better, is like comparing apples to oranges. And I do trade stocks long term, but the methods I use on stocks work best on stocks and methods used on commodities work best on commodities. Each instrument has it's own personality.
 
Quote from southbeach4me:

With all the ignorant garbage you've posted about FX and futures; I, as well as everyone else on this site would hardly consider you to be one the big boys, .....more like small and clueless.

Small and clueless? No, no, no... more like short and naked. ;)
 
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