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My experience is that Think or Swim/TD Ameritrade is less initial fees, easier to set-up and easier to withdrawal money. ACH right into bank account. Faster customer service.
Ninja Trader/ Dorman has better fills on /ES and cheaper commission. Not at first considering a lifetime license, fees to set-up.
Volatility is good for the market and trading.
Preservation of capital is the most important concept for those who want to stay in the trading game for the long haul. - Van Tharp
Can you help answer these questions from other members on NexusFi?
Decent customer service, setting up the account was no problem, good enough basic commission rate that can go a lot cheaper if I get in to a position to trade up to cover the relevant membership/RoundTurn commission reduction fee, their included free trading platform works well and does what I want it to without any issues and they have Jigsaw tool integration. They basically just quietly get on with doing what I want them to do.
You do not win as a trader, you just get to play again the next day. If that game doesn’t appeal to you then you should not trade. Gary Norden
Started with 0, actually negative, lived in trailer after college and saved and bought F in 2004.
Then started buying AAPL in 2005 because I really liked the IPOD, moved into options in 2006 just in time for the recession in 2008 that cut my investments in half and had to roll all my option down or was assigned.
Started selling index, equities options mostly puts after tried numerous option strategies around 2010. Investing in companies such as AAPL and FB along the way, been doing that ever since
But yes 10k per contract for me right now on day trades on /ES. I would think 6-7k would give you a fighting chance with a discipline strategy anything less I would save that amout first. Don't waste your time on combines to get funded better off working and saving, they are just selling a pipe dream.
Volatility is good for the market and trading.
Preservation of capital is the most important concept for those who want to stay in the trading game for the long haul. - Van Tharp
I think most new traders would be better off investing in equities and options first after couple years then move to futures trading small along the way. It doesn't sound cool or 1000%ROI but the tortoise wins the race
Volatility is good for the market and trading.
Preservation of capital is the most important concept for those who want to stay in the trading game for the long haul. - Van Tharp
Read some of his material but I do not use chart patterns, for me that has alway been noise. Yes the market moves in fractal nature but prediciting where it move next base on a pattern has never worked for me. Most of my trades are options based on Theta - time decay and Vega - volatility
Watching the markets for the last 15 years.
There are some great pshchology books about trading Mark Douglas- Trading in the zone, Van Tharps- first book. I also liked Daltons - Markets in Profile.
I have read a few on specific strategies/setups but none have been much help, for me at least
One mentioned on here that I am goin to read is Denise Schill: Market Mind Games
Volatility is good for the market and trading.
Preservation of capital is the most important concept for those who want to stay in the trading game for the long haul. - Van Tharp
