Transition from Stocks to Futures

any given 15-30 minute bar, you are up or down a thousand bucks for just 1 contract, it’s different than qqq.

futures margin is “different” than equities margin. one is casino deposit, the other is company ownership. risk is much higher.
 
Ever heard of cherry-picking? What if I had bought in December 2021 and held until now. How would things look then? Or should I have just known to buy on 1/3/23?
Point taken. I would never buy and hold. I'm longer term than you and don't mind holding until the trend changes.
One thing to consider is what kind of drawdown you are now experiencing. Take a look at your worst drawdown and extrapolate that to if you had of been trading NQ.
Although QQQ and NQ move the same on a chart, the leverage available with futures make for much wider account balance swings. Nice when a position moves in your favor but painful when it moves against you.
Good luck!!
 
God you guys love to talk in circles. To play along briefly, the best case scenario from 2021 to today is to buy the dead low of 3/1/21 at $298. You'd now be up about $85 per share. That's only $40 per share per year. The worst case scenario is to have bought the ATH in 2021 at 408, and 20 months later, you'd almost be back to breakeven. I do much better than either of those two scenarios, daytrading.
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TRUE but the ''worst case scenario'' is much, much better than with QQQ +or SPY benchmark than ANY derivatives with leverage. Of course SPXL...... could rip some capital off severe , but not as bad as ES .And like SCHW warns, SPXL, ''NOT suitable for all investors'' LOL+true:caution::caution:
I'm glad to move from ES + another one like it to QQQ+ SPY + related .
BUT i never limit myself to a skimpy daytrades timeframe ;
true, some times it make a lot of sense+ profit to daytrade.
One lady said ''I'm expecting the market to cash anytime like it did in 2008'' [That's why she is on the sidelines] IF i did not know the difference in a crash + bear market\bear trend, I may not be in the stock market also.LOL:D:D[EDIT SQQQ is fairly jumpy......]
 
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