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Hi, You are right; I forgot Forex in my choices. Ton: You said you started with 5000$; that was enough for trading future.. I read somewhere that one needed more money for futures than for stocks. Is it right?
Thanks, Louis 2008/8/1 <professor@xxxxxxxxxxxxxx>
Louis,
I would say that futures are the most profitable,
but they are also very volatile. With futures, that anything under 15 minutes
gets you too many trades in and out of the market. I like to use longer time
frames. I am not very experienced in futures, but I have made and lost a lot of
money. However, in all my futures trading over the last 2 years, I have
more than quadrupled my investment. See my post under your last post
"Anyone actually making money?
".
I am looking at forex, but I don't know anything
about it. I would just stick with gold futures, but I think that if I start
trading more than 5 contracts, it may cause a problem because I only have a
trading window of one minute on each of my 3 trading periods.
Tom
----- Original Message -----
Sent: Friday, August 01, 2008 2:51
PM
Subject: [amibroker] Futures or
stocks?
Hi group,
The last thread which I started really helped me
to realize a lot of things, one of them is that Brian is right when he says I
am sipping the soup on a lot of tables but never stay for the meal.
I'd
like change that.
I would like to concentrate on a particular kind of
market (actions or futures) and a particular timeframe (1-minute, 5-minute,
15-minute, 1-hour, daily,etc).
I know I may get zillions of different
responses, but what do you consider to be the more promising?
I've read
that more and more people consider futures are the future (haha!) because of
the high volatility and trading opportunities. Is this true? If
yes, how much money do I need to trade them? I've heard you need a
lot! And do I need to be there watching for 24 hours a day? And
what about stocks and ETF? I'd like to read some people opinion
about what they consider to be the most promising way...
Of course, I
won't start threads like this every two days! ;-) I'm just
really thinking about this all and am tired to switch markets, timeframe,
strategies, plans, all the time. I'd like to choose something and stay
with it. But I want to choose what's most
promising!
Thanks!
Louis
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