One of the options intraday futures for the index SP 500

In some traders, the intraday trade in futures for the SP 500 index goes this way: after staring at the computer screen, they try to decipher the five-minute charts. Other traders use modern equipment and automated systems for high-frequency trading. But you can try to apply a different approach to trading. It is based on several factors. One of them is an understanding on the basis of intuition and experience of what advantages exist on the current trading day. After that, the signals are compared with the studied trend of price changes during the first two hours of the working day, and the situation is taken into account for a longer period of time.

We will expand everything on the shelves:
- the general market environment is assessed.
- the opening of a new position is justified by closing the day before the person in question.
- the opening of the market is affected by yesterday's closing and the extremes of the previous day. This information can be very meaningful for trading within a day.

According to this plan, the first 5-30 minutes of the day are played. You can call it an analysis of the range of discovery. Its importance is easily traced. It should focus on the morning work, because almost on any trading day the largest flow of transactions and price volatility occur in the morning. No one will want to trade, having the most active traders as opponents. It is best to log in within a day, then, most likely, the largest institutional traders massively make deals in the same direction. And what interests us? We need to move in one direction with them, and if suddenly there is too much emotional tension during the most volatile period of the trading day, it will be necessary to immediately exit.

How can most traders in an intraday act wrongly? The list can be composed almost endless. Here are a number of very significant mistakes, committed quite often and by anyone:
- When trading within a day, a trader may succumb to the desire to be too active. The hardest opponents of the trader on the market have a greatly superior to the newest technological base. They also have a much larger amount of capital and a more profitable structure of their trade costs. Therefore, when trying to conduct too active a trade against them, the trader is simply doomed to defeat.
- Traders who trade within a day, very often use approaches that are knowingly failing. It is extremely important to decide whether the market niche chosen by the trader is suitable for him or not.
- pay close attention to small amounts of information, which is completely useless, and do not pay enough attention to the full picture of what is happening.
- You can not manage your trading transactions too actively, you can not be influenced by emotions and make deals, being under the influence of strong emotional pressure. This happens often if the trader is too focused on trading within a day. It is extremely necessary to understand that for an individual trader, conducting trade transactions almost always results in excessive transaction costs, whereas in a company practicing high-frequency trading it is almost always a profit.

Then why do we need intra-day trading? It's simple. With intraday trading in futures on the SP 500 index, if the strategy is thoroughly thought out, it will yield more profitability, and the risk will remain at a much lower level than would have happened in the case of some other trading approach.