Replies to post #34467 on ETF SWING & DAY TRADING

[Nocona]

RE: Think of the leverage you would get trading just one futures contract. One ES contract "costs" about $4000 in margin but is worth about $65,000.

Gee that would only be 880,000% on that same time frame.

Question: If the contract is up go long the next day? If the contract is down go short the next day?