Re: Does anyone daytrade Index Futures
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Most people I know that have started out trading index futures have gone boom. They are, for a lot of reasons, much tougher to trade than individual stocks.
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I trade with many people who are very successfully trading futures.
Why do you think they are harder to trade?
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I don't know why that is an advantage. You could pick just one stock and follow it if you want, I honestly see that as a disadvantage.
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For a part of my trading, I tend to focus on a small group of stocks... I know how they trade very well, and I know that gives me an added advantage when trading them.
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For a beginner, this is not an advantage at all.
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If by beginner, you mean someone who doesn't know what they are doing, and isn't putting in the time to learn, then it is a disadvantage. But that type of person shouldn't be trading at all.
One other advantage I didn't mention is that to day trade stocks you need a minimum of 25K to qualify under the day trading rules. You can day trade futures with a much smaller base of starting capital.
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