For every contract you take on as a position trader, you need to see a higher percentage of winning trades overall - but significant profits on winning trades to offset the costs of "finding" the best entry point. For the position trader however, intraday activity of a market has less significance than overall market behavior and direction. Of the three groups, the S&P’s have gained the reputation and recognition as being a true day traders market. Day trading requires more time and attention than position trading. With proper money management, long term traders can leave their positions unattended for days or even weeks. At the same time, traders can capitalize on both rising and falling markets. Not all futures markets provide an opportunity for day trading. In day trading the E-Mini NASDAQ, E-Mini S&P 500 and the DJIA futures contracts provide an exciting, highly versatile,.
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