Pl. tell if my understanding is wrong regarding equity futures?

[syed]

Pl. tell if my understanding iswrong

1. Futures contracts can be sold at any point of time within the contract period.

2. Future contracts are entirely Margin based.

3. What happens if i did not sold within that contract period.

4. How much possibilities are that i will loose money. Is Future contracts better than day trading of stocks?

 

[CommonSense1]

Day trading of stocks is an incredibly hard way to make money. A few very successful day traders move on to something more rewarding.... but 100 times harder..... that would be Futures.

A contract not sold before expiration will have to full fill the contract. So (as an example) a mini sized S&P500 contract (just one contract) will expose you to a requirement to buy $70,000 (approx) worth of stock.

Futures are sold on Margin. Period.