There is no faster way to build wealth than to trade futures. They are quickly becoming the sure fire way for wealth building and they have easier access than stocks. Futures come in a variety of opportunities; I like to trade and see traded the e-mini’s: e-mini Dow and e-mini S&P futures. Both track along the same. When one is up or down, the other is up or down. The mini Dow moves in $5.00 a tick movements. The mini S&P moves in $50.00 per point moves with 4 ticks to a point or $12.50 a tick.
Use stops at all times: 205 points for the mini-Dow and 20 points for the mini S&P. That should keep you from getting shaken out if the market starts going up and down in a violent manner.
Start trading for as little as $10,000.00 a contract with an auto-traded system offered by some traders or use a broker: since you will be telling them when to get in and out and they will be providing little guidance – you should be able to negotiate a super commission rate of $15.00 or $20.00 a round trip vs. the usual $45.00 or $50.00 a round trip normally when they supply guidance to trade your account.
The wealth factor comes into play with the numbers: each month, the Big Cash Dow seen on TV averages 400 points x $5.00 a point equals $2,000.00 a month or $24,000.00 per contract! Trade 3 contracts and make $6,000.00 a month or $72,000.00 a year! It accumulates that fast and that’s why I say there is no faster way to accumulate wealth than to trade futures. The results for the mini &P are the same as the Dow. But its $50.00 a point x 40 points a month equals $2,000.00 a month also! Ans so on. Remember its 10 mini Dow points to equal 1 mini S&P point.
Futures have a lot of advantages over stocks: easier access is the major factor. You need at least $25,000 to day trade or swing trade Future of Wealth 2.0 System stocks these days, futures are easier to read and decide when to enter a trade.
You need to track only one index to make money; with stocks, you need to track more than one to make your nut today.