Gave up on stock started trading futures because of my job schedule. Started running into the same frustrations as I did with stock.
Everything seemed to happen when I was sleeping or at work.
Bought a laptop so I could look at market on break didn't help much.
Started to just watch. Noticed futures seemed most active between 3am-12pm
This week I tried a new course of action, day trading futures.
New rule set:
Focus on only one liquid instrument. No switching screens. Picked e-mini crude.
Stick to basics supply and demand, support and resistance and price action.
Take profit if profitable position re-traces 50%
Max daily loss of $75 to prevent over trading.
Keep losses small.
Always take profit at target
Watch and wait for breakout/breakdown enter on confirmation, out quick if confirmation fails.
I finished +400 on the week and am looking for more next week. Goal is 200-300 profit per day.
This new plan costs me some sleep and makes a 10 hour shift seem longer but after a week I need to see how long I can keep this up. If all I ever trade is crude I can live with that if it means being free of the daily grind.
Hey man, I'm new here, can you please send me a link that teaches how to trade futures? I have no idea where to begin
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