You are probably an Equities/Stock trader. However, if you are
interested in Futures DayTrading, please read further. Many equities
traders are unaware of the benefits of futures contract daytrading. I
started in stocks many years ago myself, then turned to futures
contract day trading.
There is no need need to know anything about Futures contracts
expiration, as they are never held to expiration. Your only trading
involves buying and selling these contracts during the day. This is
very much simpler than the business of options trading, since it
involves just simple buy/sell or sell-short/cover transactions. It's
a bit like buying and selling cans of beans although markets are
always difficult, no matter what you choose to trade.
So all you need to learn is how to trade, and you can go both Long and
Short, with no penalties or SEC requirements for $25,000+ accounts.
You can choose to work a couple of hours per day, and you never hold
anything overnight.
If you are a professional individual Futures day trader, and getting
tired of "sitting on your hands", unable to find trade opportunities,
then this message is also for you. Also, if you've lost your nerve,
and can't pull the trigger, you can rehabilitate yourself by making
more frequent smaller risk transactions and get back in the game.
FutureScalper enables integrated realtime Analysis, Charting and Order
Entry in a single high performance platform. There are dozens of
automated aids which assist you in choosing the right times to buy and
sell, and which enable you to take small "bite-sized" transactions as
you build your skills.
A realtime COT estimate is provided, and the DOM (Market Depth) is
analyzed for trade signals all in real time. Virtual Limit Orders
provide "fire and forget" triggers, and many more features.
For Transact-enabled brokerages with high performance and full raw
tick data feed.
Brokerages include Transact, Infinity, and dozens of others which
offer the Transact platform under various brand names.