EURUSD 6E Euro | Currency Futures


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EURUSD 6E Euro

  #1606 (permalink)

PORTLAND, OR
 
Trading Experience: None
Platform: NinjaTrader
Favorite Futures: Futures
 
Posts: 185 since Jul 2011
Thanks: 74 given, 166 received


Big Mike View Post
No arguments from me. You can see I tell people to not trade futures on a daily basis, basically begging them to start with something smaller and less risk. Futures is not a beginners instrument class.

Personally, I try to avoid holding overnight but sometimes I do because it's no big deal. You need to be aware of news, and of course you have to be prepared for the consequences.

Mike

I know Mike advocates micro FX for beginners. What I found works great for me is sim trading 6E a couple hours in the morning before work and use the levels from my morning homework to set EUR/USD level alerts in my live micro FX brokers mobile trading platform for swing setups. It's actually been paying for my lunch every day . I find I am much more constantly aware of levels and news, much more so than just the morning sim, plus I get a little bit of the real money rush. Love this thread by the way.

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