Swing Trading Futures overnight
- Thread starter antares66
- Start date
For stock index futures, there are many ways traders can trade.
Scalping: HFT is part of it. You use some automated system to scalp the market. Best if during the high volume time. Do not hold overnight position
Pure day trading: Take a position in the morning, extended market and at open too. Then exit the position at profit target, stop loss threshold or before market close. No overnight position.
Swing trading: Take any position and hold the position for overnight and longer. Again exit the position at certain profit target or stop loss threshold.
Investing with index futures: If I want to take a long-term (months or years) position, I can take a position with ES or NQ and keep rolling the position prior to expiration. This is no difference of buying SPY SPXL, or QQQ or TQQQ.
Commodity futures generally have a much shorter horizon since they are much more volatile and some expire each month. So very few traders "invest" with commodity futures like folks do with stock index futures.
Scalping: HFT is part of it. You use some automated system to scalp the market. Best if during the high volume time. Do not hold overnight position
Pure day trading: Take a position in the morning, extended market and at open too. Then exit the position at profit target, stop loss threshold or before market close. No overnight position.
Swing trading: Take any position and hold the position for overnight and longer. Again exit the position at certain profit target or stop loss threshold.
Investing with index futures: If I want to take a long-term (months or years) position, I can take a position with ES or NQ and keep rolling the position prior to expiration. This is no difference of buying SPY SPXL, or QQQ or TQQQ.
Commodity futures generally have a much shorter horizon since they are much more volatile and some expire each month. So very few traders "invest" with commodity futures like folks do with stock index futures.
Not at all. I've seen people talk about swing trading for years and always wondered what it was. So I was hoping I'd find out here. Sadly I am none the wiser.
But I agree this is a pointless exercise so I'm stopping....
GAT
The question is what people you are "listening" to.
"Swing" is a general term of bigger market ups and downs. This is typically some mini cycle.
In general trading/investing styles are separated by day trading, swing trading and (long term) investing, by the trading/investing holding period. If someone buys and holds for two years, that is clearly an investing, not trading. And how can some people "trade" index futures for years? They will have roll the contracts.
That would be what they call "position trading".
My statement is not an argument.
Well, you have to admit, you probably have never heard of "position" trading before. I realize the terminology is just semantics and fluff. But it is something to talk about.
You always argue. Just stupid. Do not reply any more.
I'm not arguing at this point. I am stating fact, and am stating facts.
Here's the current print of ES/MES. Look at the range. Has a 30-point drop never occurred during the day session?
It is the same damned risk in both ON and RTH sessions!
You such idiot. Can you ever stop?