/biz/ - Business & Finance

The doomers here are fucking scaring me. Someone please give me some hope that the world isn't ending.

>>16785951
>I don't know what to say to your message
>proceeds to post what he should say to my message

that's basically what i wanted to know lol. im on AMTD and they sent me an email about /MES so i got curious. idk how reasonable it would be for me to switch from screening for stocks to day trade and instead solely day trade the /ES but my initial impressions are that it basically solves the problems of liquidity (enough volume to trend and to be able to get in and out at the prices i want with however many shares/contracts/whatever i want to trade), time restrictions (normal market hours vs. 24/6), and news (it's the S&P500 so it should be active pretty much all the time instead of a lot of stocks which are hot some days and then go nowhere for a long time with few trades happening). the 24/6 is the biggest deal for me, i have a full time job and i don't like forex because the big banks control price there instead of people (fiat currencies don't have intrinsic value and the supply is limitless), E-mini's are looking like a great alternative that I could potentially day trade before or after work, that would still work basically like stocks do.

also the HFT stuff, i meant that HFT's can fuck with price trends making things less predictable, not that I would personally use an HFT or something. i was mostly wondering how much trouble they cause or if they're not really a big deal and i shouldn't worry about them.

found this guy while looking for more info, let me know what you think: https://www.youtube.com/watch?v=i8y3VvyQZ38&list=PLZpt37abrD9FuCt6blOvO7Own1XB9xVRt only half way through the first video on the playlist and i like the way he thinks so far.