Quoted By:
all y'all need to chill out and trade futures contracts, you can short or long for the same price, and they are super leveraged, so you can trade with one contract with 4k (contract costs 1200ish but its best to have 3x the contract cost just in case your stop loss gets royally violated)(I have had a stop loss go far past just on a violent bar, but nothing that bad yet)
because the buy and sell cost the same and perform the same, I would welcome a huge drop, easiest day of my life. I won't go in there yet, still paper trading until I get my discipline down tight and my reads get better, but as it stands I hover around a 55% winrate, and by those numbers, as long as I cut my losses short and let most of my wins run, I'm in the clear for consistent gains. 500 every day, but easy 2k if I just scale up to a baseline of 3 or 4 contracts every trade. or I coulda held for the rally today, made 4k off of just one contract.
not saying you're idiots for not trading futures, you can certainly lose money quickly or slowly and consistently. Just consider focusing on it if ya feel like you're spinning the wheels in the mud, at least you'll get somewhere quicker, even if thats losing all your money. The best traders lost all their money multiple times.
have a good day push yourself a bit, learn something new