Which one is easier to trade, NQ vs ES? - futures io
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Which one is easier to trade, NQ vs ES?


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Which one is easier to trade, NQ vs ES?

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  #1 (permalink)
Newyork
 
 
Posts: 6 since Aug 2015
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Hi Folks,
Which instrument is easier and has lower risk for novice traders, NASDAQ or S&P500? and Why? Thanks in advance!

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  #3 (permalink)
Dover+NJ/US
 
Experience: Intermediate
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behnod View Post
Hi Folks,
Which instrument is easier and has lower risk for novice traders, NASDAQ or S&P500? and Why? Thanks in advance!

NQ or ES are only for experience traders. A beginer should never start trading futures and should start with Cash.

If you are really want to get into futures try micro Euro FX.

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  #4 (permalink)
milpitas, ca, usa
 
Experience: Intermediate
Platform: Tradestation
Broker: Tradestation, Ameritrade
Trading: ES, Gold, 10 Yr
 
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behnod View Post
Hi Folks,
Which instrument is easier and has lower risk for novice traders, NASDAQ or S&P500? and Why? Thanks in advance!

I day trade SPY and ES both using the same set of strategies. SPY is an excellent instrument to learn but will require $25K minimum by most brokers to do pattern day trading.

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  #5 (permalink)
Newyork
 
 
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Thanks man! SPY ETF moves and fluctuates like ES future as I know. Why is it easier to predict the movement and trade then? Do you mean it's risk is less for day trading?


rahulgopi View Post
I day trade SPY and ES both using the same set of strategies. SPY is an excellent instrument to learn but will require $25K minimum by most brokers to do pattern day trading.


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  #6 (permalink)
milpitas, ca, usa
 
Experience: Intermediate
Platform: Tradestation
Broker: Tradestation, Ameritrade
Trading: ES, Gold, 10 Yr
 
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behnod View Post
Thanks man! SPY ETF moves and fluctuates like ES future as I know. Why is it easier to predict the movement and trade then? Do you mean it's risk is less for day trading?

prediction ( probability ) and trading will greatly depend on your strategy and psychology. i was talking about the cost involved and closer correlation to ES, if you choose to migrate to ES after gaining sufficient experience trading Spy.

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  #7 (permalink)
Helsinki, Finland
 
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Behnod, take this with a grain of salt because I've only been at this for a couple of months now.

I've made consistent profit with both NQ and ES on sim. But haven't traded any of them live. Because I have a $75 stop on NQ and I'm not yet comfortable with getting stopped out 10 times in a row.

I find it easier to trade NQ rather than ES. Because I've traded it longer. But if you're just sim trading then you may want to trade both simultaneously and get a feel for them.

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  #8 (permalink)
Boston Massachusetts
 
Experience: Intermediate
Platform: NinjaTrader
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I hope I get this correct. but I believe that 500 shares of SPX is equal to one contract of ES. so that reduces the risk to 1/5th and is much more suitable for new traders. so where 1 full point in ES = $50 then 100 shares of SPX should equal $10.

Al Brooks says it takes at minimum 3 years of losing money trading ES before you can break even and he says it is much more useful to trade SPX than to paper trade. so he says you need enough money to lose trading for 3 years and obviously you will lose less money trading SPX. and you can even break down SPX into individualy shares. you might trade 50 shares or 10 shares.

I know some people cut their teeth trading for $1 profits with less than $1 loss on micro forex. that way you should be able to lose for 3 years without going bankrupted.

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  #9 (permalink)
Escondido
 
 
Posts: 69 since Nov 2015
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NQ all the way!

Trading the ES intraday is like watching paint dry. You'll also die a death of a thousand paper cuts ( small stops ) on the ES.

Trade symbols that have clear and sustained moves/trends. The trend on the ES is there, it is just multi-day and you need bigger stops than most here can handle.

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  #10 (permalink)
san diego
 
Experience: Intermediate
Platform: FXCM MarketScope, NT, Interactive brokers, AMP
Broker: FXCM, Interactive Brokers
Trading: FOREX, IWM, SPY, XLE, NQ
 
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Chile View Post
I hope I get this correct. but I believe that 500 shares of SPX is equal to one contract of ES. so that reduces the risk to 1/5th and is much more suitable for new traders. so where 1 full point in ES = $50 then 100 shares of SPX should equal $10.

Al Brooks says it takes at minimum 3 years of losing money trading ES before you can break even and he says it is much more useful to trade SPX than to paper trade. so he says you need enough money to lose trading for 3 years and obviously you will lose less money trading SPX. and you can even break down SPX into individualy shares. you might trade 50 shares or 10 shares.

I know some people cut their teeth trading for $1 profits with less than $1 loss on micro forex. that way you should be able to lose for 3 years without going bankrupted.

SPY is the SPDR S&P 500 ETF.

Al talks about trading SPY, which if you trade 100 shares is $1 a tick. I trade the SPY.

SPX is the S&P index and can't be traded.

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