There is a possibility that what you are hearing over and over will slowly change. Imagine that you posted a a list (100 methods) in chart form for all of us to look at and asked a question about how a person can move from day 1 of trading to doing quite well in a very short time. People would tell you a path that would be for easy trading from day 1 onward. Start with an easy approach and gradually go to really being wealthy. Obviously, anyone can begin with #18. 40 points will allow you to add a contract. Say 10 points happens a day as indicated Each week you get to double contracts traded, roughly speaking. In a month you are up to a round number like 10 contracts. After that, you can begin to refine by adding knowledge and parts of other methods. Making up the list of 100 is fun to do. As you fill in the level and description, you get to see that the spectrum is so broad that almost anyone can make money. Most people do not have this table completed as yet as I understand the situation.
Hello: Regarding your question. It depends on your skill level. If you have few skills, all the markets will prove difficult to trade profitably. If on the other hand you have good analytical skills, money management, research ability, and you know how to get in and out of the market smoothly, then it is a matter of style. Successful traders find a style that they are comfortable with, and then look for markets that offer that kind of opportunity. After that it is just a question of determining how often your setup and entry occurs. These days, the best traders are looking toward interest rates (back months) because they offer big reward in relation to risk. If you look at the last two days of the S&P (ES) you would have to say that opportunity exists in that market as well. Good luck. Steve46
Get the F*** outta here I'm sorry but all this "there is no easy market to trade, life is super hard" mentality is an absolute lie. Life is not hard for everyone and neither are certain markets. Try to explain to newbies that in 1999-2000 all markets were equally hard when absolute morons were making millions trading Naz. Only an idiot would say during those years that it did not matter which market was traded and it was all about skill. BULLSHIT, you go where the money is and where the action is. During the past 3 months, the action was certainly not on NYSE when TASR, RIMM, MAGS etc. were making sick moves where even a newbie can make significant money with 100 shares. There is a difference in all markets without a doubt. Emerging stock markets are volatile and active unlike the dead ass US equity markets. It is much easier to trade them comparative to what you deal with in US. The simple fact of no Market Makers/Specialists right away saves you profits and cuts your losses. The fact that there are limitless opportunites in all time frames makes them easier to trade. There is always a bubble, always some edge not available to the masses, always easy money in one (or more) of the markets available in the world. You need proof? Look at where the easy money was during 1999-2000. NAZDAQ. How about 2001-2002? NYSE with the bullet scalping, that was practically free money for anyone with even average trading skill.
Let me tell you something, for scalping, the s&p is no harder than any scalp these days. It seems hard because folks suffer every tick against them, forgetting the index is an 1100+ point vehicle that will move 2-5 points on noise alone. Trading these nutty 500% movers is hard, becasue risk control is next to impossible, unless you think losing 25% is control.