Just want to get a general view on what people here trade and why. I trade futures mainly because I don't have to worry that company specific news will trash my stocks.
a better question would have been, "what do you trade AND WHY?" but this will have to do, i suppose...
This is my first post to elite, so hello everyone. I just started to trade the eminis. As a matter of fact, I just started trading. I have been educating myself on trading since the first of the year. I trade the eminis because there is so much less to keep track of. As a newbie I would have trouble finding out which stocks to watch. Multi-tasking is also not one of my strong suits. I am trading the ES right now and I love it. cafeole
Stocks. Why? Well, it's the first thing I stumbled into I guess and I've been too complacent to learn anything else.
I'm curious...what are some examples of "other instruments"? I'm stocks..looking to incorporate some futures into my gig
I trade E-mini NQ's and ES's. I played around with the YJ's on the ACE, but to no avail. I trade these for 3 reasons: 1) Liquidity 2) Capital Leverage 3) Low transaction cost (Due in part to #2) I am willing to accept the greater risk that increased capital leverage offers. I would trade the QQQ's and the SPY's if they offered 2 and 3. Either way, I don't like stocks for day trading because of the lack of ease for going short and the increased risk of a nasty surprise.