Day Trading the Dow Jones

You are right. Options and Futures markets are regulated and really protected (for the CME and members) in the US.

 

The reason I was asking about time frames is that I'm wondering whether it would not be more effective, given the relatively big moves on the Dow, to trade a sub-minute time frame, perhaps even down to 10 seconds, using smaller stop loss and taking profits early, that is trading the micro-movements rather than the bigger daily macro moves. Any thoughts on this would be most welcome.

 

Here spread betting is classed as gambling, and so any gains are tax-free.

 

Sounds like a good even spread of time frames. Seeing as you pretty much jump in threes and fours ( 5/15m/H1 ) have you ever tried a 1 minute to help pinpoint your entries?

 

Another short from 440, SL 35.

 

Moved SL down to -20

 

Now -10

 

It's coming back off today's central pivot again!!

 

Moved SL to BE. I'm not going to lose money on this one after being +40 up.

 

If it runs for me, I've set a TP at 31,360