subject: Day Trading in Futures Market [print this page] Disciplined approach : Set your risk capital and make your moves with prudence. Impulsive decisions often end up unproductive.
Technological tools : Tools viz., analytical software along with basic PC and internet are very useful in day trading.
With no open positions held overnight, day trading protects you against the unexpected losses at the opening of next day trade. However, day traders tend to over trade at times and run into financial troubles. Commissions are also high in day trading and hence, make prudent decisions in day trading to maximize your profits.
E-mini S&P 500 is the popular day trading market, where futures are electronically traded enabling quick execution of orders. E-mini Nasdaq futures, E-mini Russell futures, Dow futures are other markets. Commodities with high trading activity in day trading are soybeans, crude oil, 10 year T-Notes, Euro Fx.
Analyze the commodity, market well and with disciplined approach you can make good profits in day trading.