I trade equities better than futures, WHY?

Discussion in 'Trading' started by BuySellSideTrader2020, Jan 24, 2020.

  1. maxinger

    maxinger

    I presume it is sim account.

    so simply go do live trading on equities and not futures.

    Don't need to understand why you can't trade futures.
    Just need to know how to earn $$$.
     
    #21     Jan 25, 2020
  2. Strategies are simple support/resistance and event driven...
    My account size for equities is 100K
     
    #22     Jan 26, 2020
  3. wanna see the broker statements?
     
    #23     Jan 26, 2020
  4. tommcginnis

    tommcginnis

    I trade equities better than futures, WHY?
    easy: leverage versus your operative risk control.
    futures move faster (by multiples, right?) for every tic, than their underlying equity.
    Your risk control (whether discretionary, written, algo-ed, or not) will get a workout.

    Why ask "why"?
    easy:
    If you don't know why you win when you do, or why you lose when you do, you're doomed. The first fart in the market will take you (and your non-systematic system) out. You're gambling -- you're exercising with negative alpha. You're a phreaking idiot, and should give your capital away and at least get a charitable contribution tax credit. :confused:

    Sheeesh.
     
    #24     Jan 26, 2020
  5. jl1575

    jl1575

    Just curious, is your per day meaning: 1) everyday, 2) some of days, or 3) average daily? They are all remarkable in any of these ; even with 1 to 4 leverage that you can use up to 400K capital you are making around 1% profit per day with 3000 to 5000, 4% based on your own capital, and that is 1000% annually.
    Of course trading future can even reach higher if someone is really good and consistent, 5000% to 10000% a year is achievable and has been done before and there is new attempt at ET here (sstheo is endeavoring this feat to turn 2000 to 200000 and so far he is on track).
     
    Last edited: Jan 26, 2020
    #25     Jan 26, 2020
  6. %%
    WELL he writes a good headline+ even Don Bright Daytrading Co liked stocks better than futs. I'm not mainly a daytrader myself. Part of his big problem is something most have erred in; his 2019 SIF quote; '' 10 contracts per $100,000 '' [hint;I wonder why most house flippers don't start with 10 or 20 house flips/at once??].That explains a lot.
    I agree with his headline; good point...……………………………………………………………………………..
     
    #26     Jan 26, 2020
  7. schizo

    schizo

    Wow, that was a earful (or should I say mouthful). :D
     
    #27     Jan 26, 2020
  8. maxinger

    maxinger

    NO.

    It wouldn't help me enrich myself or earn more money.
     
    Last edited: Jan 26, 2020
    #28     Jan 26, 2020
  9. Deez

    Deez

    Absolutely. If you are making 5% per day you deserve an award. The Best Trader soon to be Richest Man Alive. If you stop taking out your profits daily that account will be well over $1 mil in a year and so on and so forth. Make sure you read “When Genius Failed” It’s a story about Long Term Capital Management. The short of it is your size may begin to eat into your profitability when your account reaches $1 billion plus.
     
    #29     Jan 26, 2020
  10. traider

    traider

    Yes please, statements will make it easier to offer tailored advice
     
    #30     Jan 27, 2020