Day Trading Micro E-Minis: Trade Selection is Everything - Here's How
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- Опубліковано 24 вер 2024
- How to use the Bracket Order to Open trades using Stop-Loss, Target Price and Initial Trade Price.
✅ *Live Trade Playlist* Winning Strategy Trades here: • Featured Live Trades W...
✅ *BOOK* : The most Organized and Fast Way to Learn to Trade the Micros: Thousands of new Micro traders have used my book for a fast and organized tour of trading the Micros. You can see the Table-Of-Contents at the "look inside" tab on this page: bit.ly/daytrade... In paperback and eBook, free Prime shipping.
👍You can be practicing in only 5 minutes.
✅ Here is a FREE TRADE SIMULATOR with no ads and that will keep your trade ledger for you. It is FREE for signing up (no credit card or personal info required) at the CME (Chicago Merc Exchange) at this link: bit.ly/TradeSi...
**FREE TRADING SIMULATOR**
Three Steps to Get Started Learning to Trade the Micros:
✅ BROKER: This is the exact same software I use on this channel. Free software. Free Data Feeds. Low Commissions. Free money transfers in/out of your bank. Very low commissions, no robot help lines, just real live smart people ready to help you.
✅Just fill out the account application, no deposit or credit card required - and you do not have to fund your account until you are ready. For account type select "The Works" - and you will have an account for trading the Micros. When your application is approved: Just fund your account and you are reading to begin trading real time.
✅Use the FREE TRADE SIMULATOR until your TastyWorks account is ready.
bit.ly/TradeSi...
✅ Fill out your TastyWorks application at this, my affiliate link: bit.ly/TastyBonus
today. In about two business days, you account should be ready (no funding required and if you change your mind, no fees or obligation whatsoever.
✅ Rule #1: bit.ly/RuleNum...
✅Using Stop Loss to Create "Free" Trades. • Using TastyWorks to Da...
FREE Training Videos at BEGINNERS PLAYLIST:
✅ "BEGINNERS" PLAYLIST #1: • Day Trading Micros - I...
✅ "BEGINNER PLAYLIST #2: MACD WINNERS" • MACD Winners for Micro...
✅ Here's the video on GLOBEX, the hours plus the how and why: • Trading S&P500 on Glob...
✅ 100% Live Trade Playlist: bit.ly/LiveTra... Fill out the TW application and ask for "the works" so you will be able to Day Trade the Micros when you are ready. You do NOT fund the account, just get your application ready: bit.ly/TastyBonus
Welcome to the channel. You get 85+ free videos and if you join our more than 9000 subscribers, you'll be notified each week as new videos are posted.
✅ Subscribe Now: / @daytradingmicrofutures
Don A. Singletary teaches Micro E-Mini futures trading for S&P500, NASDAQ100, DJIA, and Russell 2000 indexes. This Day Trading channel teaches beginner futures traders with an introduction on trading strategies using easy-to-follow tactics with an emphasis on selecting for small accounts. Learn to practice trade before risking real cash and learn to identify lower risk trades. There is an emphasis on selecting day trading strategies using MACD, candlestick charts, scalping techniques and the use of stop loss orders to place live day trade orders for extra income.
Learning to trade the 1/10th size Micro Eminis can help investors learn how to protect capital while learning winning strategies for extra income, fun, and you gain a valuable skill set to day trading futures that you can use the rest of your life. Special Beginners Playlist with live trades for micro eminis will instruct and easy and fast way to learn to trade futures without all the get-rich-quick hype. Just real strategies that are inexpensive and explained step-by-step.
Welcome to the channel that quickly gathered over 10,000 subscribers quickly to learn these easy methods to learn day trading futures equity index futures. A high leverage and higher risk form of trading that can rival the excitement of the casino experience. This trading is not for everyone, not for retirement, college funds, or other more conservative type traders - but for those who can afford to allot some small segment of their funds to use in a higher risk / higher return method of day trading futures.
May I just add Don! The one thing that I really appreciate about your video tutorials is the live trading videos. I find listening to your thought process and reasons for doing what you do, when you do it, very helpful and instructive. Most of the “Guru’s” out there don’t actually take you along for the ride (so to speak). These live trading videos help me immensely and I am sure a lot of new traders out there.
Thanks once again Don!
Glad you like them! My hope is that these 'live trades' offer some ideas to new traders about the attitude one chooses during trading. Good point you make. thanks.
Have read your book and followed your videos - up $500 in one month with just a $990 entry cost for margin account. This guy is the real deal folks. Pretty straightforward strategy.
Bill, it is your own good sense and discipline that got those results - and I'm so very happy to hear it. - Don
Mr . Don I'm new to trading . Have learned more watching just 1 of your videos than I've learned the past few months watching the garbage on UA-cam. Thank you for all you do .
Hello John. You made my day! Thank you. Please keep in touch and let me know how things go. Good luck to you - Don WED 458p EDT
✅ **BOOK** : The Fast Way to Learn to Trade the Micros: You can see the Table-Of-Contents at the "look inside" tab on this page: bit.ly/daytrademicros In paperback and eBook, free Prime shipping.
**Must See** ✅ Rule #1: bit.ly/RuleNumber1
✅ *NEW* LIVE TRADES PLAYLIST #3: bit.ly/PlayListNumber3
FREE Training Videos at BEGINNERS PLAYLIST:
✅ "BEGINNERS" PLAYLIST #1: ua-cam.com/play/PLv6Fasp51T9L99jOWgLdB2ZylXpzaXByo.html
✅ "BEGINNER PLAYLIST #2: MACD WINNERS" ua-cam.com/play/PLv6Fasp51T9JGVQCNmRaliEbIpzLQh0od.html
✅ *Use TastyWorks?* Download my Chart configuration file free at this link: daytradingmicros.com/twconfiguration/
Install the new file, then re-start the TW program
✅**(BROKER: Bracket Orders OCO** How to Open Trades with a stop and target price: ua-cam.com/video/1suJ2ehzCsY/v-deo.html
👍You can be practicing in only 5 minutes.
✅ Here is a FREE TRADE SIMULATOR with no ads and that will keep your trade ledger for you. It is FREE for signing up (no credit card or personal info required) at the CME (Chicago Merc Exchange) at this link: bit.ly/TradeSimulatorFREE
***FREE TRADING SIMULATOR***
Three Steps to Get Started Learning to Trade the Micros:
✅ BROKER: This is the exact same software I use on this channel. Free software. Free Data Feeds. Low Commissions. Free money transfers in/out of your bank. Very low commissions, no robot help lines, just real live smart people ready to help you.
✅Just fill out the account application, no deposit or credit card required - and you do not have to fund your account until you are ready. For account type select "The Works" - and you will have an account for trading the Micros. When your application is approved: Just fund your account and you are reading to begin trading real time.
✅Use the FREE TRADE SIMULATOR until your TastyWorks account is ready.
bit.ly/TradeSimulatorFREE
✅ Fill out your TastyWorks application at this, my affiliate link: bit.ly/TastyBonus today. In about two business days, you account should be ready (no funding required and if you change your mind, no fees or obligation whatsoever.
I love your channel Don! It's like hanging out with a great friend who is teaching me great stuff. THANK YOU! Steve
Glad to hear it!
Trade selection, trade selection, trade selection!
This is easy when you win and hard when you don't win.
Trade selection seems to be the key so how about some more videos on avoiding trade selection mistakes?
Don thank you for the videos!!
Thanks Keith. You hit the nail on the head. will do. - Don
I'll be really quick with my words thank you very much...
That's very nice indeed. I'm very glad to hear from you Nandy. Good luck to you - Don
WONDERFULL THANK'S
Welcome to the channel. Good Luck - Don
Great video sir.
Thanks Jesse and welcome to the channel.
Here's a link to my Day Trading book, you can see the Table of Contents at this link to "Look Inside". Good luck to you. - Don
✅ **BOOK** : The most Organized and Fast Way to Learn to Trade the Micros: Thousands of new Micro traders have used my book for a fast and organized tour of trading the Micros. You can see the Table-Of-Contents at the "look inside" tab on this page: bit.ly/daytrademicros In paperback and eBook, free Prime shipping.
👍You can be practicing in only 5 minutes.
✅ Here is a **FREE TRADE SIMULATOR **w ith no ads and that will keep your trade ledger for you. It is FREE for signing up (no credit card or personal info required) at the CME (Chicago Merc Exchange) at this link: bit.ly/TradeSimulatorFREE
***FREE TRADING SIMULATOR***
Three Steps to Get Started Learning to Trade the Micros:
✅ BROKER: This is the exact same software I use on this channel. Free software. Free Data Feeds. Low Commissions. Free money transfers in/out of your bank. Very low commissions, no robot help lines, just real live smart people ready to help you.
✅Just fill out the account application, no deposit or credit card required - and you do not have to fund your account until you are ready. For account type select "The Works" - and you will have an account for trading the Micros. When your application is approved: Just fund your account and you are reading to begin trading real time.
✅Use the FREE TRADE SIMULATOR until your TastyWorks account is ready.
bit.ly/TradeSimulatorFREE
✅ Fill out your **TastyWorks** application at this, my affiliate link: bit.ly/2ZUYjtS today. In about two business days, you account should be ready (no funding required and if you change your mind, no fees or obligation whatsoever.
✅ Rule #1: bit.ly/RuleNumber1
✅Using Stop Loss to Create "Free" Trades. ua-cam.com/video/pUvrBM9j5t0/v-deo.html
FREE Training Videos at BEGINNERS PLAYLIST:
✅ "BEGINNERS" PLAYLIST #1: ua-cam.com/play/PLv6Fasp51T9L99jOWgLdB2ZylXpzaXByo.html
✅ "BEGINNER PLAYLIST #2: MACD WINNERS" ua-cam.com/play/PLv6Fasp51T9JGVQCNmRaliEbIpzLQh0od.html
✅ Here's the video on GLOBEX, the hours plus the how and why: ua-cam.com/video/5fV_EFRuwDg/v-deo.html
Nice. This showed that I need to be patient and only get in when there is less risk. Thank you.
Good luck to you. Please don't put your money at risk without trying the free trade simulator to see if this is going to work for you. Good luck to you - Don
👍You can be practicing in only 5 minutes.
✅ Here is a FREE TRADE SIMULATOR with no ads and that will keep your trade ledger for you. It is FREE for signing up (no credit card or personal info required) at the CME (Chicago Merc Exchange) at this link: bit.ly/TradeSimulatorFREE
***FREE TRADING SIMULATOR***
Three Steps to Get Started Learning to Trade the Micros:
✅ BROKER: This is the exact same software I use on this channel. Free software. Free Data Feeds. Low Commissions. Free money transfers in/out of your bank. Very low commissions, no robot help lines, just real live smart people ready to help you.
✅Just fill out the account application, no deposit or credit card required - and you do not have to fund your account until you are ready. For account type select "The Works" - and you will have an account for trading the Micros. When your application is approved: Just fund your account and you are reading to begin trading real time.
✅Use the FREE TRADE SIMULATOR until your TastyWorks account is ready.
bit.ly/TradeSimulatorFREE
✅ Fill out your TastyWorks application at this, my affiliate link: bit.ly/2ZUYjtS today. In about two business days, you account should be ready (no funding required and if you change your mind, no fees or obligation whatsoever.
✅ Rule #1: bit.ly/RuleNumber1
✅Using Stop Loss to Create "Free" Trades. ua-cam.com/video/pUvrBM9j5t0/v-deo.html
FREE Training Videos at BEGINNERS PLAYLIST:
✅ "BEGINNERS" PLAYLIST #1: ua-cam.com/play/PLv6Fasp51T9L99jOWgLdB2ZylXpzaXByo.html
✅ "BEGINNER PLAYLIST #2: MACD WINNERS" ua-cam.com/play/PLv6Fasp51T9JGVQCNmRaliEbIpzLQh0od.html
Awesome! Recently I've been trading Russell 2K, 15 minutes or so after opening. It seems to move it's range for the entire day in the first 30 minutes to an hour. Keep doing exactly what you are doing. Repetition helps all of us new traders.
Nice work! Wow, Bill that's great news. Congrats. I've seen a simlar recent thing but it 's been happening too early in the morning for me (I'm on Eastern Time): About 4am ET, the European market opens up and between 4 and 4:30 am ---- it is establishing a trend...that seems to follow though between 5am and 7 am. Like you have "found a rhythm" for your M2K trades---- these things happen and one never knows if they last a day, a week, or longer. Nice when we find these things, but they don't last forever either and can be very fleeting (it keeps us humble, yes?) :) The human brain is so incredibly and extremely hard-wired to find patterns everywhere, whether they exist or not. Hell, when I stare at a plate of spaghetti, I swear I start to see formations of faces and animals! Maybe I'm spending too much on the screen, huh? As I mention in my book (trading psychology chapter), the clinical word for this phenomenon is aprophenia (our inate ability to detect patterns.) Glad to hear from you, always. Good luck to you. - Don
@@DayTradingMicroFutures Strike while the iron is hot! When my dreams involve some kind of chart pattern, I know I've spent too much time staring at the screen.
LOL :)
Agree with you William! Once again Don thanks for all your advice and help getting started with this endeavour. It is greatly appreciated.
There you go, Shaun. Thanks. - Don
Been looking back at some of your earlier training videos. As far as I can recall you do not often referred to trend trading. “The trend is your friend”
Sorry Don , it’s early and therefore I prematurely sent the response As I said you , you seem not to pay a lot of attention to the trend of the market pre trade entry. Is that accurate ? I’ve used the 200 period
Just send me an email if you like. Glad to help if I can. -Don
Thanks Don. Just purchased your book can't wait to start trading
Hope you enjoy it! Thank you Ron. Good luck, Rule#1 and all that. - Don
Bought your book, seen a lot of your videos Don. Great teacher! One question, seems like in the early videos you would recommend to take a trade when BOTH lines crossed the zero line and would discourage taking a sell signal while in bull territory (above zero line) or buy when in bear territory (below zero line). I've noticed that more and more, you're taking trades before crossing the zero line (like this video). Can you shine some light in your thinking now? I look forward to your response. Thanks!
Yes, absolutely. A fair question certainly: See this video on 'scalping 2.0' and you will see some explanation: ua-cam.com/video/7YUJQ2-CdcY/v-deo.html
and here's another similar: ua-cam.com/video/Q7Y5ar5IE_k/v-deo.html
And please remember, I put up 'guidelines' here on the channel and of course everyone will adjust to their own strengths and weaknesses over time as you gain experience. Search for any 'perfect formula' that works all the time is futile, it's the 'carrot on the stick' ---- always in sight but unachievable certainly.
Also, Sam, I suggest this video as a 'must see' for all who visit the channel:
bit.ly/RuleNumber1
great question and thank you - Don
Love the videos! Bought the Book today! Want to be good as Mr. Singletary!!
That's great James; thanks for your support. The book has over 200 five-star reviews, and even a couple of reviews with one-star. Anyone who'd like to see the Table of Contents, go to the "look Inside" tab on this Amazon book listing page: amzn.to/2q3iFl4 It's only 110 pages and a quick read with all the basics in there, plus the chapter on trading psychology.
James, be sure you read the part in the book about what I reccommend for practice trading. And I hope you have seen the free trade simulator I recommend at this link:
Thanks - Don
👍You can be practicing in only 5 minutes.
✅ Here is a FREE TRADE SIMULATOR with no ads and that will keep your trade ledger for you. It is FREE for signing up (no credit card or personal info required) at the CME (Chicago Merc Exchange) at this link: bit.ly/TradeSimulatorFREE
***FREE TRADING SIMULATOR***
Three Steps to Get Started Learning to Trade the Micros:
✅ BROKER: This is the exact same software I use on this channel. Free software. Free Data Feeds. Low Commissions. Free money transfers in/out of your bank. Very low commissions, no robot help lines, just real live smart people ready to help you.
✅Just fill out the account application, no deposit or credit card required - and you do not have to fund your account until you are ready. For account type select "The Works" - and you will have an account for trading the Micros. When your application is approved: Just fund your account and you are reading to begin trading real time.
✅Use the FREE TRADE SIMULATOR until your TastyWorks account is ready.
bit.ly/TradeSimulatorFREE
✅ Fill out your TastyWorks application at this, my affiliate link: bit.ly/2ZUYjtS today. In about two business days, you account should be ready (no funding required and if you change your mind, no fees or obligation whatsoever.
Love your videos, super helpful and very understandable. Thanks you
You're very welcome! And all the best to you, Joe. ---- Don
Hey Don! Great video again. Could you explain why you used “2d” on the chart and whether is that always the case or “3w” is just also fine? Does that really matter if 5 minutes candlesticks increment applied on the chart?
no, it probably doesn't matter. I use the "2D" (two day) chart, so I can use the zoom slide to see what happened overnight and 'yesterday.' Nothing magic about it at all.
Thank you. Great learning from you
So nice of you, Todd. Thanks. - Don Welcome to the channel.
Is there an alarm in Tastyworks for breakouts? By the way, your “live trades” are sure exciting to watch !
There is a price alert feature in TastyWorks and one can set it up to send SMS text, email, and desktop notifications very easily. I use it to setup 'greater than' and 'less than' price points. There are many uses for these price alerts when trading.
Thanks! Great video.
You're welcome! Thanks CO.
Thanks for the cool video. I haven’t tried the Russell, I was doing Dow then went to spy cuz I heard it was more liquid. Right now I’m scalping momentum equities but still fantasize about just trading the futures so I can focus. Thing that gets me on spy and Dow is that they will just run big bar to blow out stops then continue. No rhyme or reason. Equities don’t do that as much and seem to follow candle basics imho
Nice to hear from you again, Mark. There is a sea of misinformation on the interenet about almost everything, including trading. The equity index futures, especially DJIA, S&P500, NASDAQ100, and R2K are among the highest in trading volume of all, there is no liquidity problem. During the day session they trade hundreds and even thousands of futures contracts every minute.
The words you choose, "No rhyme or reason," are an interesting choice. As you know, we are all unique with our specific traits, styles, talents, and experiences. In most of my writing and videos, I maintain that it is ourselves (and not the markets) that we must learn. It is afterall, our own decisions that lead us to our results, rather than any external system or application that will consistently drive profits.
I'd like to share David Foster Wallace's parable with all who read these lines:
There are these two young fish swimming along, and they happen to meet
an older fish swimming the other way, who nods at them and says,
“Morning, boys, how's the water?” And the two young fish swim on for a
bit, and then eventually one of them looks over at the other and goes,
“What the hell is water?”
Hope you find some things on the channel you can use. Good luck to you. -Don
Another great video. Thanks for sharing Don. I have a question for you. How do you time your entry so well with very little drawdown? The challenge I have looking at the 5min chart is that it often ends up taking much more than what i anticipate so i,m having to keep my stop away at the start. How do you do it Don on a 5min chart? Do you use a 1min chart to time the entry?
Good question! No, I stay with the 5-minute charts for consistency. I really like your question, Amedi. The key, IMHO, is trade selection, refrain, selectivity. Don't try to guess the market, let it 'tell you' ( you are the listener) what's happening. No matter what you do, you will be wrong about 40% of the time. Unfortunately, most people do NOT make this a first priority, and treat it as an 'afterthought.'
This is even something you can actually practice. In a trade simulator, practice trade selectivity, accept that most of your time at the screen, you do NOT have any trade at all going on. Practice identifying and piggybacking trends. Don't try to 'guess' the market. You are the surfer that waits for a great wave for a good ride.
The reason 90% of day traders fail goes back to 'trade selection' and the intelligent use of stop-orders, both take practice.f
good luck to you - Don
Is my trade management good? If I risk 25$ I put a bracket for 3 times that for 75$ profit. Then I walk away and let whatever happen.
The short answer is "no." As I say in my book and videos many, many times.. there is not infallable trading system. The strategy you describe above will just drain your account. But don't take my word for it, download the free trade simulation program and give it a try. Use the free program to practice, to see what works for you and what doesn't. There is no 'plug and play' system for this kind of trading, it takes time and lots of practice. One of the heading in my book reads: "There is no such thing as an infallable trading system." Please save your money and use the trade simulation to try your ideas and gain some confidence before switching to real money.
👍You can be practicing in only 5 minutes.
✅ Here is a FREE TRADE SIMULATOR with no ads and that will keep your trade ledger for you. It is FREE for signing up (no credit card or personal info required) at the CME (Chicago Merc Exchange) at this link: bit.ly/TradeSimulatorFREE
***FREE TRADING SIMULATOR***
Three Steps to Get Started Learning to Trade the Micros:
✅ BROKER: This is the exact same software I use on this channel. Free software. Free Data Feeds. Low Commissions. Free money transfers in/out of your bank. Very low commissions, no robot help lines, just real live smart people ready to help you.
✅Just fill out the account application, no deposit or credit card required - and you do not have to fund your account until you are ready. For account type select "The Works" - and you will have an account for trading the Micros. When your application is approved: Just fund your account and you are reading to begin trading real time.
✅Use the FREE TRADE SIMULATOR
bit.ly/TradeSimulatorFREE
Do I need to apply for a margin account in tasty form trade these? I currently have cash accounts only on trade station and webull
Yes, that 'works' account you signed up for, you'll be permitted to trade any/everything.
Excellent video Don. That darn market just won't do what we want, when we want it enough. Question - in your experience - on one of the 40% losing trades - will you take some time off to regroup for the day or an hour, or it depends? Thanks!
Don's all about maintaining/preserving capital. Chasing losses rarely ends well. Personally, I set a limit for myself of no more than a $25/day loss. If that happens, I'm done for the day and start fresh the next day.
Yes, absolutely. We, at one time or another, all get the urge to 'revenge trade' to make up losses. The sun doesn't shine everyday, the only tonic to protect us is a bottle of 'stop loss.' Nice to hear from you, Kent and William. - Don
@@msbwlb I like the $25 limit for the day, great idea!
Be my mentor please!!!!!
Hello Otto. I hope you are enjoying the channel and that you are having enough paydays to be worth your efforts.
Once in a while, I post a few paragraphs in the comments here that are my favorite advice to traders; I'll post them below. Thank you and welcome to the channel my friend. - Don
******pre-written comments below*****
Here are a couple of paragraphs that I’ve saved with some items to consider:
I don't claim that my methods hold any proprietary claims to rare knowledge, nor might they be the 'best' for everyone. I do not think of my guidelines as a ‘system.’ I do offer some rules to consider and guidelines for each trader to try as they learn to trade. My suggestions are intended to point traders to rely on simplicity and common sense as they learn to trade. There are over 200 technical methods to choose from, but they ALL rely upon the same 7 or 8 bits of information.
My general observation is that traders who continuously change their indicators, charting methods, and who tinker with the fictional magic of fixed reward-risk ratios - will sometimes sabotage their own learning path by abandoning a consistent setup that allows them to learn faster by being consistent (I call this hopscotching). Going after one ‘trading system” that fits all traders, strategies, and trading days is chasing fiction, like the carrot on a stick that is always in sight but never obtainable. Each trader is certainly entitled to find methods that work for them; after all, no one else will pay your losses- and we are each captain of our own ship. Good luck to you
And some more:
At least 50% of beginners do what I just described, which is all the WORST things one can do. Our human brains cannot learn things without consistency. And when beginners search for ‘a perfect’ and ‘consistent’ system--- they ‘unknowingly’ set themselves up for failure. They mistakenly assume that the better trader they become, the higher their win rate: WRONG A day trader and a Las Vegas card counter both rarely exceed at 55 to 60% win rate…. Every time new traders try to get their win rate UP, they start hopscotching again…. It is a hopeless cycle that fails them. One of the steps in the pejorative cycle is ‘the grass always looks greener’, aka: FOMO Humans are hard-wired to think this way (it is in our DNA, a protective mechanism that has evolved inside us.) To avoid that urge is totally counter-intuitive. You have to over-ride that urge because it leads directly to hopscotching. (I’m not saying the setup I use and recommend will be guaranteed to make you money; no one should make that claim.) But I am saying however you choose to learn, be CONSISTENT with your setup, because if you keep changing it - you won’t be able to learn much.
Even though I’ve told you personally --- I want you to remember this and count the times you are almost compelled to change things up.
You will have good streaks and bad, but over all, you will only win about 55 to 60% of your trades.
The ‘secrets’ are to get your account to ‘live long enough’ to learn this type of trading, ONLY then scale up. Learn small, be careful, have fun with it. You will learn fast that your confidence and your account balance are both priority #1 (they are sort of the same thing.) Guard them BOTH like the meanest dog in the kennel
Another compulsion that manifest in beginners is over-trading. It only takes ONE good trade every few hours to have some GREAT days ahead. I say this another way sometimes: It’s the trades YOU DO NOT MAKE, that will allow you to keep your profits.
@@DayTradingMicroFutures One specific question I do have is on Buying Power when trading futures. I started using Tastyworks as well and I’m confused on how much buying power I actually have once a trade is closed. Are the funds immediately available to continue trading or is it like options where buying power resets overnight for the following trading day?
@@1NoCares short answer: yes, the funds in your account are immediately available when your futures trade is closed. Otto, please call the great folks at TastyWorks and have them answer your question; my reason for suggesting this is very simple: It prevents any misunderstanding; when it comes to money in your account - always contact the broker so there can be no doubt at all. Brokers welcome these questions and they are generally excellent and eager to help customers - to make sure there is no room for error. TW help is (888) 247-1963 customer service. By the way, thanks for the question and comment; this is a very important topic. Thanks and good luck to you. - Don
@@DayTradingMicroFutures Thank you for the responses. I love watching your videos and your book is so easy to digest.