Need Advice

themickey said:
That's the problem I see with futures trading, pecking like a sparrow while trying to feed an elephant.
Working your butt off continuously, what a miserable way to make an income imo...
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Oh snap, that sounds like a challenge.

I'm with Xela in the futures corner. You wanna' take vanz in the stock corner? hehehe!
 
pecking-sparrow-on-wooden-boards.jpg

whale feeding.jpeg
 
Overnight said:
If the only thing you trade is options, and you think trading is part art, part science, you should get into futures man.

It would be a walk in the park for you! No wonder you need to be an alchemist to trade. You're trading the most difficult thing out there!
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I don't think options are that difficult, it's more of a matter...of simply understanding the underlying. -- and I happen to know the SPY's/Dow/Spx daily time frame movement range well, I like to think.

I don't think no other thing out there can match an Option's % movement range. Sure it's kind of high risk, high reward...but if you're game for that kind of thing...it's your paradise.
I don't want to sound arrogant or cocky, but I'm fairly certain I will blow anyone else's % returns out of the water.

If I'm good with the SPY's/SPX's movement on a Daily basis...How much of a killing, per se, can I make with Futures?
What trading instrument out there is my Plutonium...align me with it,

How much do you truly understand the market, rather than just simply tracing maybe hindsight lines
Overnight Trading Academy,
speedo Trading Academy,

Trading is like a complex, suspense, psychological mind thriller everyday between two people. Or you vs the market.
It flirts with you, and gives you subtle hints. Darkness Falls, 1999 movie
 
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lawrence-lugar said:
I have no idea what a clip is, I just quickly googled what a NQ point is.
All I know are options. -- everything else is in the marketplace is foreign language to me...
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You sell yourself short here. Free...your mind. (...and you will be free, you are crazy option guy! (I am totally trying to get people into futures. I am such a futures shill. My bad.))
 
lawrence-lugar said:
I don't think options are that difficult, it's more of a matter...of simply understanding the underlying. -- and I happen to know the SPY's/Dow/Spx daily time frame movement range well, I like to think...
More...

Basically, you are Tim the Enchanter. That is you with options. We other guys are the little knights looking for the rabbit. (This is all analogy now.)


And here is what happens when we lowly people try to attack the option rabbit.


We little folks have only Brother Maynard to rely upon when it comes to futures. We shall tosseth our misunderstanding upon to the Lord of trading. (and there was much Latin.)
 
themickey said:
That's the problem I see with futures trading, pecking like a sparrow while trying to feed an elephant.
Working your butt off continuously, what a miserable way to make an income imo.
With stock trading, EOD, one can load up on positions like a front end loader, large scoop fulls of opportunities, money working 24/7 while you eat, sleep and play.
Here's a real life example, I'm sitting on 16 stock positions on resources atm, going up nigh between 1-5k a day most days and not doing a thing, just watching and sitting tight, not doing a single thing, just watching with finger on trigger.
Has been like this several weeks now, placed a few trades inbetween, took 10 minutes of time.
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Aw jeez Mick and here I thought I was enjoying myself :D
 
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