Why Trade Futures?

oh well now, if you are going to talk about "professionals' that is a whole different matter

If you are just talking about us little podunk retail traders

we pick out a market we like and are having good results in

and we sitck with it until it burns us

But I hear ya

The big trader has the luxury of getting flat

until he see's the next big opportunity

 

but it's all just really a matter of time

for you, getting flat for a year, is the same as me getting flat for 24 hours

 

that's why I like forex

it is still actively traded by small retail traders

some reports say 90% of all the money moved everyday is just by small retail traders like me

the way the stock market used to be driven 100 shares at a time

 

hard to make money when it's just you and the other hedge fund

and very little interest from the poor guy that is out there working a real job

 

misinformation is a bit of a strong word... and what you are asking him to ponder below is nothing more than what one should do to identify what is best for one to trade, nothing more... I would have presumed anyone has asked themselves that question before ever trading...

 

you would be the first and only one, assuming you are not regulated, that would not trade on close knowledge/information about a business... I know that if I breathed/lived beans, I would trade nothing but beans... so if I breathe/live bellies... then I would trade bellies...

 

yes well, you would think that

but when these men came into the office

and back then they had cattle and a field of beans

you would ask them, and the answer was always "I don't have a clue"

and they would ask you, "What do you think about Navistar?"

and very often walk out of the office long NAV.

 

I can understand what you are saying... but I am thinking we have different definitions as to what entails inside information... I think broader when it comes to the markets I trade(aggrs)... like yields, conditions, etc... more than dealing with just a single or few farmers that will give a narrow view of the market... but again, I've never been a broker or worked for one... so take what I say with a grain of salt.

 

I gurandammteeyou, the guy that works his field everyday knows a hellofolot more than any anaylyst you pay for.

and if you are really serious about it, you need to get out there and walk those fields for yourself

farmers worry a lot more than they need to

and speculators often have unrealisitic expecatations

 

More TA and less dependent on news. A single company earnings (typically) doesn't gap down the ES. No need to monitor a ton of stocks or scan for signals. You can pick up a chart or two of the chosen instrument and focus. On the other hand, you need a lot of patience, cause the chosen instrument may not have any optimal signals on a given day or even consecutive days.