day trading futures questions - Traders Hideout | futures io social day trading
futures io futures trading


day trading futures questions
Updated: Views / Replies:1,663 / 3
Created: by Jayboii478 Attachments:0

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 100,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 
Thread Tools Search this Thread
 

day trading futures questions

  #1 (permalink)
Boston Massachusetts USA
 
 
Posts: 11 since Dec 2017
Thanks: 0 given, 0 received

day trading futures questions

I'm new to futures, and i am a day trader, i was doing stocks for a bit. So my question is does futures day trade like stocks or differently? Like can i buy as many of 1 contract as i want or is there a limit like shares with stocks? As well can I trade that same contract multiple times in a day without issue? Is there a limit i need in my account to day trade like the 25k for stocks? I just don't want to go in and get hit with a surprise like you can only trade that contract once, or after 3 day trades you're a pattern day trader etc..

Any things I should know going into futures to day trade?

Thanks all!

Reply With Quote
 
  #2 (permalink)
Quick Summary
Quick Summary Post

Quick Summary is created and edited by users like you... Add FAQ's, Links and other Relevant Information by clicking the edit button in the lower right hand corner of this message.

 
  #3 (permalink)
Super Moderator
London UK
 
Trading Experience: Beginner
Platform: CQG
Broker/Data: S5
Favorite Futures: Futures
 
xplorer's Avatar
 
Posts: 4,820 since Sep 2015
Thanks: 11,870 given, 10,520 received



Jayboii478 View Post
I'm new to futures, and i am a day trader, i was doing stocks for a bit. So my question is does futures day trade like stocks or differently? Like can i buy as many of 1 contract as i want or is there a limit like shares with stocks? As well can I trade that same contract multiple times in a day without issue? Is there a limit i need in my account to day trade like the 25k for stocks? I just don't want to go in and get hit with a surprise like you can only trade that contract once, or after 3 day trades you're a pattern day trader etc..

Any things I should know going into futures to day trade?

Thanks all!

There's many things you should know before going into futures. There's a minimum price increment in futures that works differently from stocks. You probably need to get yourself acquainted with concepts such as 'tick increment' and 'tick value'

I suggest you spend your time going over the threads on this forum. Use the 'search' function to help you look for specific contents. Spend time in understanding the main differences, pro and cons of trading futures Vs. trading stocks.

Many professionals advise beginners to always start with 1 contract. There are some futures products such as Gold or Oil that can be very volatile, which means even with only 1 contract, which is the minimum you can trade, you can be down a hundred dollars in a matter of seconds. There are also 'mini' and 'micro' contracts which may also be an option.

The much lower margin for futures is what attracts most people to it, several brokers offer a minimum margin of $500 to day-trade certain products, but this can be a deceitful proposition. Especially if you have never traded futures before, starting off with such a low amount can translated losing that initial amount very quickly, very likely. This does not mean that 5 times or 10 times that amount will be better, if you don't know what you're doing.

Provided you do know what you're doing, you can trade 1 contract all day to your hearts content, the 'pattern day trader' rule is for stocks and does not apply to futures.

Reply With Quote
The following 2 users say Thank You to xplorer for this post:
 
  #4 (permalink)
Thailand
 
Trading Experience: Advanced
Platform: Daytradr
Favorite Futures: ZB
 
Anagami's Avatar
 
Posts: 764 since Dec 2010
Thanks: 502 given, 1,607 received


Jayboii478 View Post

Any things I should know going into futures to day trade?

The main thing is the high mortality of retail futures traders.

You should ask yourself what makes you and your trading different.

"The mind is its own place, and in itself can make a heaven of hell, a hell of heaven." - Milton
Reply With Quote

Reply



futures io > > > day trading futures questions




Upcoming Webinars and Events (4:30PM ET unless noted)
 

futures io is celebrating 10-years w/ over $18,000 in prizes!

Right now
 

$1,000 in Amazon Gift Cards being given away right now from GFF Brokers

Right now
 

$250 Amazon Gift Cards with our "Thanks Contest" challenge!

Right now
 

Show us your trading desks and win over $5,000 in prizes w/Jigsaw Trading

August
 

Webinar: Suri Duddella (TBA)

Elite only
 

Webinar: Richard Bailey (TBA)

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
What's the best day trading platform for futures? Androo Commodities Futures Trading 3 July 24th, 2017 05:16 AM
Day Trading Options or Futures - What is Better and Why? vitrader The Elite Circle 8 April 25th, 2016 05:55 PM
Questions about trading S&P 500 emini futures. KevinMas Emini and Emicro Index Futures Trading 23 April 1st, 2016 03:03 AM
questions about spread trading futures seacat Trading Reviews and Vendors 2 February 10th, 2015 03:31 PM
Yet another newbie day trading questions jp94 Beginners and Introductions 14 June 22nd, 2014 04:50 PM


All times are GMT -4. The time now is 02:25 PM. (this page content is cached, log in for real-time version)

Copyright © 2019 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts