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Old 11-14-2005, 06:34 AM
Sniper Sniper is offline
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Join Date: Jun 2005
Posts: 704
Default Re: Does anyone daytrade Index Futures

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The general daytrader consensus is that stocks are easier to trade than futures. Also, it should be noted that you'll find faster/more blowups among new futures traders than you will stock traders.

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The general consensus isn't worth much, simply because it includes an excessive sample of unprofitable unknowledgable people, who blew up or are destined to.

Among the more successful day traders, you will find many that focus only on index futures!

One of the advantages of futures, is that you don't need to seek out the best stocks for the day out of a universe of thousands, you will always be focusing on just a few trading vehicles (likely... S&P, NAz, Dow, Russell).

Another advantage (if you know what you are doing) is the added leverage you get from the futures market.
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