Looking to get into Futures Trading

This is a discussion on Looking to get into Futures Trading within the Futures & Options forums, part of the Markets category; Originally Posted by Kaeso if they are trading those kinds of contracts they do need a good amount of coin ...

Reply
 
LinkBack Thread Tools Search this Thread
Old May 7, 2018, 4:08pm   #16
Joined Apr 2018
Quote:
Originally Posted by Kaeso View Post
if they are trading those kinds of contracts they do need a good amount of coin and many will try with insufficient funds. i know what you mean. i just thought you were talking generally. i dont want to give people hope of trading contracts too big for them
Just re-read what I wrote and I am might be going over the top. You might be able to learn a little trading smaller markets. However, lets take an example of a guy starting with $10k - a nice return of 50% in a year will get you $5k - now we know most guys will blow up the first couple of accounts. Its just not worth the time to day trade all day every day for such limited returns, think of opportunity costs. If you have a decent job or you think you can raise some money then the learning curve might be worth it, if not then don't expect to grow your $10k to $200k in the space of a couple of years - rare for this to ever happen, it is like the talent competition odds.

Best markets to learn to trade are liquid markets otherwise you will have to worry about the spread. Also, liquid markets will give TA guys far more opportunities.

My advice is to get good job and then learn on the side and then slowly start putting some of that cash to work.

Just remember the psychology of a guy with a small account, they are often looking to get rich quick and those accounts blow up very quick.
Bradtex is offline   Reply With Quote
Old Jun 16, 2018, 6:32am   #17
Joined Jun 2018
Future is the very best segment to earn money in limited period. Start trading in futures and earn more!
divyanshisharma is offline   Reply With Quote
Old Jun 16, 2018, 10:27am   #18
Joined Oct 2015
Quote:
Originally Posted by divyanshisharma View Post
Future is the very best segment to earn money in limited period. !
No it isn't
Kaeso is offline   Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Similar Threads
Thread Thread Starter Forum Replies Last Post
Please help, Futures Trading Mps721 Futures & Options 22 Dec 3, 2011 1:30am
Futures Trading fiftyfifty Home Trader 6 Apr 8, 2008 6:33pm
Futures Pit Trading Vs Electronic Trading new_trader First Steps 5 Dec 16, 2006 8:24pm

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)