I am tired of day trading, but overnight margin is too high

Quote from Shifu the ONE:

Hi

Why would you ever want to position trade the ES for?

When the IM is $3,500 to $4,000 per one lot contract and the ES's "daily" price change, is only an average of a 2 to 4 point ? (And only if your trade is on the correct market side).

Very poor odds of making good money and safely that way.

The IM for ES intraday is around $500 per lot, meaning way less risk trading.

I am an intraday price up and down swing flow trader.


Shifu the ONE
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what part of I want to get out of day trading didn't you see

by the way

thank you all for answering my question

I won't find cheap overnight margin with a good broker

that's all I needed to know

thanks all
 
Quote from APA:

I've done the calculation

with IB overnight margin I can't keep the kind of results I want

no I didn't reach ES liquidity limit

do you think if I was UBER-rich that I would be posting here (though there are few guys here like that)

what happened is that I want to go completely OFF day trading

does anyone know a good futures broker with low overnight margin

and please don't send me to a bucket shop cause I would pull my sako 85 rifle (brand new) and start taking people out :)
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You said in another thread you could turn $10K into $250,000. Why not just do that a dozen or so times and just retire instead of having to worry about this?
 
Quote from stock_trad3r:

You said in another thread you could turn $10K into $250,000. Why not just do that a dozen or so times and just retire instead of having to worry about this?
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LOL

why don't I get you something YOU can comprehend

Hush-a-bye

Don't you cry

Go to sleep my little ba-by;
When you wake,
you shall have,
all the pretty little horses.

Dapples and Greys,
Pintos and Bays,
Coach and six little horses.

Hush-a-bye

Don't you cry

Go to sleep my little baby
When you wake,
you shall have,
all the pretty little horses.

Way down yonder
in the meadow
poor little baby cries mama
birds and butterflies
flutter 'round his eyes
poor little baby cries mama

Hush-a-bye

Don't you cry

Go to sleep my little ba-by;
When you wake,
you shall have,
all the pretty little horses.
 
anyone wanting to trade Day-to-Days should consider forex

mini lot margins are as low as $50, 10 minis = $10 per pip/tick
and the margin remains the same overnight - $500
 
Quote from Wallace:

anyone wanting to trade Day-to-Days should consider forex

mini lot margins are as low as $50, 10 minis = $10 per pip/tick
and the margin remains the same overnight - $500
More...

how can you daytrade forex when all the brokers scam you on your fills and gun for your stops?/ Can't see orderflow, T&S, DOM, hell can't even see volume... what edge can a forex daytrader possibly have vs. the bookie bucketshops who are viewing the real market?
 
Quote from NY0BScalper:

how can you daytrade forex when all the brokers scam you on your fills and gun for your stops?/ Can't see orderflow, T&S, DOM, hell can't even see volume... what edge can a forex daytrader possibly have vs. the bookie bucketshops who are viewing the real market?
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what you say is true

however a broker like IB won't do that
 
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