Why don't more people trade index futures?

[ranger64]

Quote from SteveD:

Futures, options, ETF etc are all artificial methods of trading...set up by Wall Street firms to allow a hedge to the owning of stocks..

But, make no mistake about it, it is pure gambling.....not trading, and certainly not investing.....

SteveD

Sorry, SteveD, but I don´t think you really know what you are talking about. Why would a daytrader trading futures be a gambler, and a daytrader trading stocks be a "real" trader? It makes absolutely no difference what product you trade, as long as you have a valid strategy with positive expectancy.

 

[kiwi_trader]

Quote from SteveD:

The difference in stocks and futures...???

Owning stocks is just that.... you own a share of a company...can go to annual meetings....receive dividends etc etc...


Futures, options, ETF etc are all artificial methods of trading...set up by Wall Street firms to allow a hedge to the owning of stocks..

But, make no mistake about it, it is pure gambling.....not trading, and certainly not investing.....

I know people who buy stocks are not as smart as futures traders....they were so silly....some bought that GOOG company at the IPO and just decided to hold on....dumb asses....


SteveD

Steve

You are correct about one thing: financial transactions with futures are normally not investing ... but this site is Elite Traders not Elite Investors.

Gambling vs Trading. You don't seem to understand the difference in that you are basing it on vehicles not on psychology and behaviour. But whether you trade stocks, futures, options, houses, paintings or game cards it can be trading, gambling, professional, amateur (take your pick of adjectives). If you think the vehicle is the issue then you need to learn a bit more about trading.

Then in the next paragraph you label futures traders smart and your friends dumb asses.

OK .. now I'm confused.

 

[vetten]

Quote from Trader28Lite:

ES 1 MILLION
NQ 350K
ER 200K
YM 120K

Very rough estimates

sorry guys, I`ve never traded the index futures, but I would like to know this:

eg ES 1 million

is that volume of 1 million for all the sub-markets in the ES?
all the different months on e-mini + the pit traded contracts =
1 million volume?
Or is pit traded not ES?

 

[syswizard]

Quote from vetten:

Or is pit traded not ES?

NOT.

 

[vetten]

Quote from syswizard:

NOT.

thats very clear!

thanks wizard

 

[Triple X]

1 million is the front month for the emini, not the pit contract. That is the SP not the ES.

 

[vetten]

thanks X

I think wizard is paying for his internet connection by the letter

but hey it was still clear

 

[RedDuke]

Hi vetten,

Just go to cme.com and look under product session. it is all there.

Regards,
redduke

 

[Allaces]

Quote from Allmighty1:

If we are talking about THIS audience, then the reason more folks don't trade index futures is lack of skill.

Shut up Jack you dickhead, you lose money in trading contests