Traders Laboratory - View Single Post - Newb to investing qustions needing answers
View Single Post
  #10 (permalink)  
Old 06-24-2007, 09:04 PM
notouch's Avatar
notouch notouch is offline
notouch has no status.

 
Join Date: Jan 2007
Posts: 528
Thanks: 0
Thanked 3 Times in 3 Posts
Re: Newb to investing qustions needing answers

Quote:
View Post
bk - here's my suggestion - do not use the words 'invest' and 'emini futures' in the same sentence or breath. When you trade futures, you are trading VERY AGGRESSIVE and HIGHLY LEVERAGED products. These are NOT your buy and hold mutual funds like you may be used to.
Good point. If you're looking to invest you're far better off with an ETF like SPYDERS (same underlying as ES - S&P500), DIAMONDS (same underlying as YM - Dow) or QQQQ (same underlying as NQ - NASDAQ).

The longest time frame for futures trading is the expiry of the contract which is only 3 months from start to finish. Anything more than that and ETFs are your thing.

Reply With Quote