Quote from mastertrader456:
This makes me laugh. Quite trading index futures and move to stocks. NQ is not any better. And get rid of any fancy green and red indicators you got up on your charts. All you need is candlesticks and volume.
Quote from RenkoTrades:
...and with the low amount of capital needed.
I completely disagree. What I can do on a daily basis with a $50,000 futures account is way more efficient than what I could ever do in a stocks account with $50,000. What I can do with a $200,000 futures account deleveraged is even more efficient than what I can do with an equities trading account. I can generate much better ROI with futures than I ever could with stock trading dollar for dollar in the two account types.Quote from bwolinsky:
Low capital requirements are never the primary benefit of choosing futures products. If you need ridiculously low margins so your $5,000 account doesn't blow out, you shouldn't be trading CL.
On NQ, I've always liked NQ better than ES, but my research shows that is because NQ's dollar value monthly daily average swings have enough range to produce decent income, while ES has very little range most days compared to NQ.
Quote from RenkoTrades:
I completely disagree. What I can do on a daily basis with a $50,000 futures account is way more efficient than what I could ever do in a stocks account with $50,000. What I can do with a $200,000 futures account deleveraged is even more efficient than what I can do with an equities trading account. I can generate much better ROI with futures than I ever could with stock trading dollar for dollar in the two account types.
With broker worries these days, how much I have to have sitting in my brokerage accounts day to day is a very big factor in my opinion.