The last week or so has had me drooling at the prospect of potentially trading on a very short term basis.
I have been seriously considering this over the last few months, but balked at the option to do this via CFD's, and I'm not sure if this is an avenue I want to take up, for various reasons.
I have potential strategies worked out, but basically I need a few things clarified. I only want to trade in this manner via indexes, and not stocks. But is it wise to say, practice day trading on individual stocks long only for instance?
Because of my work here in WA, mainly afternoon and evening, after 2.00pm, I don't need to rely on this for a living. So is there a minimum amount I need to trade indexes?
And given I don't want to do this via CFD's, what are my options via brokers and things?
Also, will I have to do this via options? Or can it be done solely via futures, and what are the differences?
Many thanks in advance.