Rashid_G

Hello Thales and everyone... Very nice thread!... After swing trading stocks and doing well in 2008 decided to "simplify" by trading futures.. Picked ES of course.. Suffered badly.. Moved to NQ.. flat-lining for now but the whipsaws, particularly in ES have so eroded my confidence I wonder if I can ever rebuild my account.. I have always thought to find movement reliability before everything else, risk included. I see some here trading sub-$500 accounts??? Is currency movement dependable enough not to be assuming ridiculous levels of risk??? I have looked at E7, 6B, 6E, and 6A and they do "seem" to backwash (borrowed from a trader at ET.. ;-)) ) less than ES, particularly 6A... traded 6A this week (1k acct) and did just fine, beginners luck maybe but was terrified! Surely I will have to pay my dues in screen time but any comments on the comparable risks in ES/NQ to currencies and others greatly appreciated..

Hello Thales and everyone... Very nice thread!... After swing trading stocks and doing well in 2008 decided to "simplify" by trading futures.. Picked ES of course.. Suffered badly.. Moved to NQ.. flat-lining for now but the whipsaws, particularly in ES have so eroded my confidence I wonder if I can ever rebuild my account.. I have always thought to find movement reliability before everything else, risk included. I see some here trading sub-$500 accounts??? Is currency movement dependable enough not to be assuming ridiculous levels of risk??? I have looked at E7, 6B, 6E, and 6A and they do "seem" to backwash (borrowed from a trader at ET.. ;-)) ) less than ES, particularly 6A... traded 6A this week (1k acct) and did just fine, beginners luck maybe but was terrified! Surely I will have to pay my dues in screen time but any comments on the comparable risks in ES/NQ to currencies and others greatly appreciated..