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Daytrading futures discussion


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Daytrading futures discussion

  #11 (permalink)
toucan94506bm
danville ca usa
 
Posts: 73 since Aug 2015
Thanks Given: 48
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Symple View Post
@toucan94506bm

Thanks for clarification from your side and let's see how the thread will move on. And yes: Surely it is not a bad idea you have in mind. I guess, and this is just a guess, not every body will post here his actual trading chart ideas. Some are no more much active in the business because of there age and others just want to keep there current trading ideas behind the line. But I am sure, many of us have a huge arsenal from older charts saved in there archives on which trading ideas have been worked out and defined before they went live.

On the other hand: There are live trading journals here in the forum which show such live charts and then the trader explains his thoughts behind it. I will follow this thread and maybe once will post some charts from my world which is/was more from the option strategies side. More or less no more really active, at least for the moment, but I have an archive about what ever in trading done, learned and used..

Have a nice day.

Symple

ahhh... you daytrade futures using options and your daytrades must be far longer than mine... entering early in the day and exiting later in the day versus mine that run less than an hour .. im sure options takes a lot more analysis than my daytrading futures from charts. your analysis must be much different than mine.

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  #12 (permalink)
Symple
Zuerich / Switzerland
 
Posts: 1,056 since Sep 2021
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toucan94506bm View Post
ahhh... you daytrade futures using options and your daytrades must be far longer than mine... entering early in the day and exiting later in the day versus mine that run less than an hour .. im sure options takes a lot more analysis than my daytrading futures from charts. your analysis must be much different than mine.

@toucan94506bm

I will comment your posting in the following way:

When it comes to aspects of the overall analysis, and also there are again different ways and possibilities, depending on the target, then yes then there are also really from small to extreme differences between pure option trades, option strategy trades and pure future or future strategy trades, even pure stock trading, etc..

Furthermore, there are, depending on the used derivative (option or future, stocks or what ever like Swaps aso) various, non-chart analysis tools, which will and can differ significantly.

When it comes to pure chart analysis of an option or a future or a stock aso, then there can be certain differences, because especially in pure futures trading more specific tools are used than in pure options or stock trading aso.

Regarding trading times with the individual derivatives: As you mentioned, yes there are certainly differences. But again, nothing is set in stone, as this also depends on what goals and strategies I pursue in trading.

In my case, it was so that we selected a futures market in a small team, then analyzed the option and the chart and then went into the trade. Since options have different duration, the trade ran, as far as it did not run out of control, through this whole time. During this time the market was analyzed again and again as well as the tools were checked, which were not of chart-technical nature. Then changes were made to the running trade, the running strategy until it was decided to take profit or simply let the strategy run until the option and future expiration.

Now this was probably all a bit much what I have now mentioned in a nutshell, but I hope it inspires you to see what is actually going on out there. And even I have only a small insight into the whole universe of trading, but I have an insight in a very special part of it.

Symple

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  #13 (permalink)
toucan94506bm
danville ca usa
 
Posts: 73 since Aug 2015
Thanks Given: 48
Thanks Received: 75



Symple View Post
@toucan94506bm

I will comment your posting in the following way:

When it comes to aspects of the overall analysis, and also there are again different ways and possibilities, depending on the target, then yes then there are also really from small to extreme differences between pure option trades, option strategy trades and pure future or future strategy trades, even pure stock trading, etc..

Furthermore, there are, depending on the used derivative (option or future, stocks or what ever like Swaps aso) various, non-chart analysis tools, which will and can differ significantly.

When it comes to pure chart analysis of an option or a future or a stock aso, then there can be certain differences, because especially in pure futures trading more specific tools are used than in pure options or stock trading aso.

Regarding trading times with the individual derivatives: As you mentioned, yes there are certainly differences. But again, nothing is set in stone, as this also depends on what goals and strategies I pursue in trading.

In my case, it was so that we selected a futures market in a small team, then analyzed the option and the chart and then went into the trade. Since options have different duration, the trade ran, as far as it did not run out of control, through this whole time. During this time the market was analyzed again and again as well as the tools were checked, which were not of chart-technical nature. Then changes were made to the running trade, the running strategy until it was decided to take profit or simply let the strategy run until the option and future expiration.

Now this was probably all a bit much what I have now mentioned in a nutshell, but I hope it inspires you to see what is actually going on out there. And even I have only a small insight into the whole universe of trading, but I have an insight in a very special part of it.

Symple

thank you for your explanation... this is why i ask for a chart and explanation... i don't think that chart traders have much in common to discuss with option traders, tick traders, orderflow traders or dom traders. if a person trades any of these 4 ways, then they usually say they are not a chart trader and we have little in common to discuss. I started daytrading stocks 26 years ago, a trader convinced me to switch to daytrading futures about 15 years ago. of the 30+ daytraders that started out daytrading futures together 15 years ago, there are only 5 of us left. one switched to manual tick trading 5+ years ago, one switched to orderflow trading a couple of years ago and the remaining 3 of us still trade using charts. of those 3 trading with charts, one is trading his own automated algo, one trades charts manually and i have automated trade management. 3 are usa traders and 2 are european traders. we all continue to discuss trading, but few new trading ideas are formed... hence, my interest in discussing daytrading futures here.

cheers

toucan

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