Why even talk to the flamebait OP? And people are actually trying to explain why it is not so 
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people who trade futures are extremely dumb...
- Thread starter cooolweb
- Start date
majority of people at the retail level cannot daytrade stocks over $10 unless they have $$25,000 or daytrade penny stocks the Pattern dayrader rule...SEC says you must have $25,000 to daytrade stocks. which a lot of people don't have. you mostly likely need $35,000 cause if it drops to $25,000 pdt applies. it's no coincidience that the futures trading and prop trading only took off after 2002. when the PDT rule was implemented.
that is why futures trading is so popular. unless you are trading prop. but most have retail brokerage accounts.
that is why futures trading is so popular. unless you are trading prop. but most have retail brokerage accounts.
Quote from cooolweb:
espically if they trade directional
thats all
Quote from cooolweb:
in stocks , you can fine tune an entry into a 1:50 risk reward ratio.
Never happens in futures. I chuckle to myself when i see people fighting for a 1:3 risk reward in futures, equivalent to doing hard labor construction work for $60 a day
who wants to see a demo?
You are going to be late for your double shift at Applebees.
the leverage on futures is as high as 90% or more.
that is why. stocks for penny stocks have no leverage and maximum is 50% for stocks.
you see guys making 20% per day but what happens if you lose 20% over a losing streak of 5 days???that is why.. i guess everbody knows that.
that is why. stocks for penny stocks have no leverage and maximum is 50% for stocks.
you see guys making 20% per day but what happens if you lose 20% over a losing streak of 5 days???that is why.. i guess everbody knows that.
Quote from emg:
97% of the people lose trading futures/commodity market. Why?