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Old 03-05-2011, 12:33 PM   #1

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Lightbulb Best Trading Market For Day Trader Wannabees
Hello everyone!

do you have some tips for us newbies, on how to choose a market for day trading.
Please post it here.

Thank you!
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Old 03-06-2011, 05:39 AM   #2

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Re: Best Trading Market For Day Trader Wannabees
Davisjjr,

This depends on many different aspects. How much capital you have, how much time you have, where you are in the world etc..

So I think before your question can be answered, I would say say need to share some details.
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Old 03-06-2011, 06:07 AM   #3

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Re: Best Trading Market For Day Trader Wannabees
Roughly NQ offers 2X the loss rate compared to the ES.
Begin with the NQ.
If you have a lot of money and after you master NQ, then TF the best to trade.
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Old 03-06-2011, 04:05 PM   #4

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Re: Best Trading Market For Day Trader Wannabees
Quote:
Originally Posted by Anglehall »
Roughly NQ offers 2X the loss rate compared to the ES.
what is that supposed to mean?

i agree with first response, more info is needed
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Old 03-06-2011, 04:10 PM   #5

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Re: Best Trading Market For Day Trader Wannabees
Quote:
Originally Posted by dam5h »
what is that supposed to mean?

i agree with first response, more info is needed
The meaning I would take is that you can lose twice as many trades for the same amount of capital in the E-mini Nasdaq as you can in the E-mini S&P 500
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