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I've actually decided I'm going to trade Futures instead of Options. I think I have a strategy that works, and I'm going to to paper trade with ThinkOrSwim for the next few months, just one contract, and see how it works.
With Options I would have to make perfect trades to profit with less than 10 contracts, 1 or 2 losses would seriously hurt me. With Futures 1 or 2 or even 3 losses can easily be cancelled out with 1 good trade.
Can you help answer these questions from other members on NexusFi?
I prefer loss as the stepping stone towards success. You should not neglect it and because of the risk of losing you should not stop trade. I have also incurred loss when I have started trading and through every loss I gained experience regarding Forex Market and various brokers. My current broker helped me a lot to understand market analyzation and I am very happy that I chose him as my broker.
