It is a general strategy to trade an individual stock with the direction of the major indexes. As a beginning trader I assumed it was my job to analyze the futures markets then trade equities in the direction of the major intraday swings. Too often I have correctly traded with the intraday swings of the Dow/S&P only to find my stock move very little or in the opposite direction
. I began to ask myself "Is this why some traders prefer futures over equities"? Doesnt it just make more sense to day-trade futures OR Index based ETF's such as the QQQQ rather than stocks?