I have a question.. for the sp 500 there are 1000 forces acting on "the index" (the Market) . If you are doing small size which most people on this board are..then what is the benefit of doing ES versus doing individual stocks.. the individual stocks have more volatility and the commissions these days are pretty low per share to trade stocks. I traded stock futures indexes for years and the moves continue much better in individual stocks versus the es index.. also there are only 2 forces at work for every individual stock... buyer and seller.. for index there are .. 500 buyers and 500 sellers for all the stocks in the index? Why do you trade es instead of individual stocks? Do a comparison of a couipel individual stocks compared tot eh sp 500 on bigcharts.com and you can seee the sp barley moved while many individual stocks have sky rocketed upward or downward... much easier to make money IMHO when you have a trend Just wanted someone else's opinion.thanks
Todays levels work This is reason for ES trading, 13 p = 650 USD per contract, easy, by Trade Plan...
lol... 1000 shares short uso after oil report at 107 cover at 103.50 = 3500 bucks lol..i didnt make the trade.. and you making a lil money on your trade doesnt answer anything
actually i get 4:1 margin so i only needed 28,000 to make the trade..you still did not answer my question and your demo acct made you nothing
OK, you're using max daytrading leverage in a stock account (not counting prop-firm trading), so let's compare apples to apples. Vector is chosing to use a very conservative $4K margin per contract, but almost all futures brokers only require $500 per contract for daytrading margin. So, apples to apples: You USO trade: $3,500 on $26,750 minimum margin capital (4:1) = 13.1% ROI vs. Vector's ES trades (assuming it's an honest 13 points): $3,250 on $2,500 minimum margin capital (5x$500) = 130% ROI QED Of course leverage works both ways, but any daytrader worth his salt daytrades futures because of the much greater returns.
please i have been trading futures for ten years.. you guys are totally missing my point.. I am talking about trends and tradign those trends in stocks like RIMM , AAPL, drys, big etc... comparing uso was a mistake on my part.. serioulsy the moves in stocks are much easier to see and follow than the es.. hands downnnn. I am no jester my friend.. but believe whatever you want.. I guarantee I hae traded more contracts in some weeks than you h ave donen in months.. I don't give a rats ass about ROI.. becasue it boils down to which one gives you the most consistent profits.. anyway i figured no one here had a good answer.. waste of time as usual.. have fun flipping and sweating one lots.. for peanuts.