So I was on my paper account when I decided to do a little test.
>I added a 32, 13, and 8 bar moving average
>loaded up a 32 tick chart
> buy 1 contract when price goes above lines
>sell 1 contract when price goes below lines
basically just reverse position whenever the price went above or below.
In approx 10 min i made 140 bucks... is this legit??? Can I just scalp nasdaq futures like this and rake it in? Someone try this out on paper. Its interesting.
Keep in mind I was using a 32 tick chart, also I was paying more enphisis on the price being above 8 and 13, 32 was a bonus.
>>1729783
Now take into account any fees per trade, unless your using robinhood
>>1729789
I was usinf td, and commission was taken into account. Was using thinkorswim
Bumping for curiosity
>>1729783
>is this legit?
Works great until it keeps going in one direction and fucks you.
>>1729783
NQ is fun, I prefer TF however.
Yes futures are legit, but you're playing a very different game now and you can get fucked from all dat leverage.
>>1730303
Can you go more into futures? I am just starting to learn it, and would definitely appreciate resources and experiences that you any anon may have on it. I know the risk, so I'm practicing on paper until I get better.