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What is most profitable for a retail trader?


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What is most profitable for a retail trader?

  #21 (permalink)
 
nakachalet's Avatar
 nakachalet 
siam, west coast andaman sea
 
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Fadi View Post
So the majority vote for Futures :-) but I've never understood really why.
The leverage alone makes it dangerous for the retail investor that in general doesn't have proper money management skills...

I am in the camp that Pros day trade Futures on a regular basis, but not really convinced for retail investors.

just in case we forget,

most traders on board here are imho very much more informed and skilled than most retail traders elsewhere.

and most were voting with experiences behind them, i believe.

cheers and happy trading everyone.

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  #22 (permalink)
 
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 Fadi 
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nakachalet View Post
just in case we forget,

most traders on board here are imho very much more informed and skilled than most retail traders elsewhere.

and most were voting with experiences behind them, i believe.

cheers and happy trading everyone.

Yup, this is exactly the reason why I am questioning the suitability of Futures to retail investors :-)

It seems like we forgot those old days when were just starting out.
I sometimes look back at my journals and laugh (in shame) at some or shall I say most of the trades I took back then... but I also realize that if a friend comes to me for advise in that field today, I would never tell him to venture into Futures for a start.

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  #23 (permalink)
 
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 Big Mike 
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Fadi View Post
Yup, this is exactly the reason why I am questioning the suitability of Futures to retail investors :-)

Futures are not suitable for beginners in my opinion.

I went into detail about this in the "Where to start: Instruments & Brokers" webinar.

Mike



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Last Updated on May 6, 2012


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