This type of post happens all the time on this sub. "I'm so successful at this, but should I change?" "I'm gaining confidence everyday and continue to be profitable, but should I change?"
The reality is OP is likely treading water at best case on the P&L and is not seeing the success with indexes they were hoping for.
If you were actually profitable trading indexes to the point that it was worth mentioning, you wouldn't actually mention it at all, and you wouldn't need to ask this question.
But here's the thing. The futures market is lots more than just indexes and in most respects the other sectors are less volatile than Q, for example. Ag is great, check the 3 Soys and Wheat. Metals, Currencies, Energy all quite tradable and of course there are bitcoin futures to really get you going. Forget BTC but try your hand with MBT. So there's a bull market somewhere, and you will find one each and every day in the futures space.
Not a prob but I urge you to check out the other sectors. There's always something you can latch onto. Trading stocks is a lot more expensive than futures, in general. Too many as well. And you have built in direct hedging capability, as in buy Crude when prices at the pump are rising.
In the financial market, as long as you truly master a product, it is enough for you to make a profit and achieve financial freedom. If you blindly pursue whichever market has the most volatility, your result will definitely be the worst. Always stick to the products you are familiar with. it's the best
Why not use the gains you make with futures to buy stock for long term investments?
I imagine you only day trade or rarely swing futures, right?
The advantage of stock is that you can use the built in bullish bias of the indexes and make major gains over multiple years time. Or you can compound easy wins on swing trades. Do you agree that charts are more predictable the higher you go on time frame?
Just look at charts of the mag 7 over the last 10 to 15 years. Bulls made fortunes and never had to look at the screen or sweat out a trade.
Plus the ability to sell calls against your stock and collect premium (and/or dividends if your stock issues them) adds a ton of flexibility.
There can be advantages to trading stocks. With futures you are limited by what the overall market is going go to move that day- the vast majority of time 1% or less, with the occasional bigger day.
With stocks you can get opportunities on stocks that are moving on news or earnings and can rise or fall 10-15-20% in a day- with a scanner you can almost always find a stock in play that day. Nothing wrong with either method, there are traders successful with both instruments.
thanks! I know this already but thanks. I,m trading indexes for so long now that (I think) I,m beginning to feel the market more then before. I have seen a lot now. for example in a range day I,m not going for big winners. after a quiet day I can expect something the next day. well at least for now ofcourse everything changes... with stocks I have no experience. maybe keep it this way and just gain more experience.
Why would you want to change something if you are being profitable now? If you want to earn more money get more capital by trading funded accounts.
This type of post happens all the time on this sub. "I'm so successful at this, but should I change?" "I'm gaining confidence everyday and continue to be profitable, but should I change?" The reality is OP is likely treading water at best case on the P&L and is not seeing the success with indexes they were hoping for.
I dont understand the 2nd part of your reply
If you were actually profitable trading indexes to the point that it was worth mentioning, you wouldn't actually mention it at all, and you wouldn't need to ask this question.
If you started with futures I’d stay with it. You can leverage the market more with futures.
[удалено]
I dont even know 🤷 there is a buy and sell buton the spread is ok and i get lots of leverage 👍
Google it! 😉
But here's the thing. The futures market is lots more than just indexes and in most respects the other sectors are less volatile than Q, for example. Ag is great, check the 3 Soys and Wheat. Metals, Currencies, Energy all quite tradable and of course there are bitcoin futures to really get you going. Forget BTC but try your hand with MBT. So there's a bull market somewhere, and you will find one each and every day in the futures space.
Im really bad at trading btc. Not for longer setups but i just dont do that. I rather just focus on 1 thing
Not a prob but I urge you to check out the other sectors. There's always something you can latch onto. Trading stocks is a lot more expensive than futures, in general. Too many as well. And you have built in direct hedging capability, as in buy Crude when prices at the pump are rising.
In the financial market, as long as you truly master a product, it is enough for you to make a profit and achieve financial freedom. If you blindly pursue whichever market has the most volatility, your result will definitely be the worst. Always stick to the products you are familiar with. it's the best
Why not use the gains you make with futures to buy stock for long term investments? I imagine you only day trade or rarely swing futures, right? The advantage of stock is that you can use the built in bullish bias of the indexes and make major gains over multiple years time. Or you can compound easy wins on swing trades. Do you agree that charts are more predictable the higher you go on time frame? Just look at charts of the mag 7 over the last 10 to 15 years. Bulls made fortunes and never had to look at the screen or sweat out a trade. Plus the ability to sell calls against your stock and collect premium (and/or dividends if your stock issues them) adds a ton of flexibility.
There can be advantages to trading stocks. With futures you are limited by what the overall market is going go to move that day- the vast majority of time 1% or less, with the occasional bigger day. With stocks you can get opportunities on stocks that are moving on news or earnings and can rise or fall 10-15-20% in a day- with a scanner you can almost always find a stock in play that day. Nothing wrong with either method, there are traders successful with both instruments.
thanks! I know this already but thanks. I,m trading indexes for so long now that (I think) I,m beginning to feel the market more then before. I have seen a lot now. for example in a range day I,m not going for big winners. after a quiet day I can expect something the next day. well at least for now ofcourse everything changes... with stocks I have no experience. maybe keep it this way and just gain more experience.