...position trading with a small account? My 2 cents here, feel free to argue: Whoever ventures into stocks first finds that trading them based on weekly and daily charts or even longer term timeframes is worth the time, having a small account where he can control his risk to not be larger than say 5% of the balance. You can have tens of trades in an entire month if you screen enough for your setup and with a good method and risk profile you can end up with a nice profit at the end of the month making trading worthwhile. However, in futures and spot commodities markets such as the FX, you can't do that for the simple reason that you don't have much to choose from, at least with a regular broker (that is reason 1) and the markets are more efficient than stocks due to increased interest for each one of them in particular (that is reason 2). You can make a nice 30% of your account position trading the FX at the end of the year, but that would mean you need a 1mil account to make trading worthwhile. Ok, at least a 300k account... I think that fx and futures are good for position trading when you are completely diversified (stocks, futs, cash) or when you have a really large account. In any other situation, be it small account, or single market focus, the futures/cash markets are PERFECT for day trading. It's that interest that makes intraday opportunities exist aplenty. Cheers y'all and Happy New Year!