Day Trade Future?
Thursday, July 23rd, 2009 at
7:35 am
Gary asked:
do you think its good idea to day trade future like 5 contract sp500 there is spread in commodity or no spread any one trade futures thank you.
do you think its good idea to day trade future like 5 contract sp500 there is spread in commodity or no spread any one trade futures thank you.
Tagged with: Commodity • Trade Futures
Filed under: Commodity Trading
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Look up David Barton, day trader from Atlanta. When it all turned sour for him he shot and killed some people in Buckhead. It’s easy on paper, but it’s a bitter pill to swallow when it all goes south.
If it’s not clear, that’s a no vote from me.
Go to your local library and start reading on futures. It sounds like you don’t even have the basics down yet.
Do some searching about ‘day traders’……..
90% don’t make it…..
No.
You should be investing in MFs for 3-5 years before you even touch individual stocks. 3-5 years of stock trading before you even think about options. 1-2 years in options before you even think about futures. Thats 7-12 years of seeing market cycles and gradually accumulating experience and knowledge before you should even explore it.