If you are new to futures trading, I highly recommend you consider the currency futures first, and forget about day trading. Why the currencies? Simply because they trend better than any other market.
I’ve found that most new futures traders want to jump head first into trading anything that moves, and they are particularly fond of day trading stock index futures such as the E-Mini S&P 500. Unfortunately, stock markets have typically not trended very well. Markets that do not trend very well on the daily charts also do not trend very well intraday.
Check out the video below to see a test of a very basic trend following strategy on the four major currencies and the E-Mini S&P 500.