Need assistance
I'm new to this compared to stocks/ETFs and options, I recently learned about futures and found it fits my trading style more (can easily short, geopol macro moves on oil, gold,indices, etc.) I didnot know about the tax benefits before either.
I managed to get a live account on etrade as I already had a large brokerage account with them. I watched the NQ 1M chart on etrade pro for a couple of days and started to take scalps on one or two contracts. First couple of days were ok, mostly sat on my hands and watched the chart as I missed big moves like the trump speech and reversal next morning on open. I then took a couple more scalps and got lucky on a huge green candle and made 2000. I felt so happy and was just gonna watch the tape for the rest of the day.
Then an hour later or so I went to do another -2 contract scalp and looked at my holdings and saw I now had -4 contracts open and I was in the red on my position big time. I freaked out and closed it all at a loss wiping my earlier gains. I looked at the order details and found that earlier position got opened 10 minutes earlier to my scalp I don't know how it opened or maybe I misclicked on the DOM ladder. Needless to say I tilted badly started trying riskier trades and exiting quickly and ended the day with a loss of maybe 1500. I'll add I was mostly doing market buys/sells on these without limits or stop losses due to speed of the moves.
Over the last couple of days I started to learn more about this i'm now realizing the risk of mini size vs micro, NQ vs ES, etc. Also i'm learning most people don't trade their own money on this and I feel like an idiot. Should i move to prop firms? and since i only used etrade pro which I realize now screwed me on execution and comissions. What platform should i be using tradeovate , Ninjatrader, etc? or should I just quit futures?