I’m really confused, because in another post you confessed to using a different (and new for you) strategy: But in any event I think it wise to stay with a comfortable trade if it’s profitable. I wish you good fortune! Postscript: I’ve met many traders who traded futures intraday using longer time interval charting.
Bone, I have had success utilizing both the ichimoku cloud and MFI on stocks, so I thought I would try them on futures. Like I said, it didn't turn out well for me. However, I did change up the types of charts I was using with it. My normal trading is letting the daily dictate trend, then wait on the hourly to get over sold. In all honesty, I was afraid of holding futures longer, even when I had an excellent setup. This could all be because of my lack of experience with them. I can see myself getting back into them, but much slower.
I think you are most wise in that you honor and respect your trading “comfort” zone. That is very mature insight that will serve you well.
Hi To be able to trade futures, you should at least have $10.000 ($20k preferable) in your account. Assuming that you risk 1% risk per trade. ES 1 tick is $12.50 so 10 tick stop will cause you 1.25% loss. Futures trading is risky. Even trading micros is risky... This is my opinion.