"I bring dedication, integrity and 15+ years of experience to the table when assisting my clients to achieve their goals."
– Burton Schlichter
Futures & Options Broker
Burton Schlichter
Futures and Options Experience
Burton “Burt” Schlichter has 15 years of futures trading experience, including educating, mentoring, and executing for retail and institutional clients. He places a strong emphasis on trading the markets from a technical standpoint and on utilizing spread trading. Additionally, for traders interested in buying and selling options on futures contracts, Burt has extensive knowledge of options trading strategies.
Market Approach and Trading Style
Burt has a “Keep it simple, stupid” mentality toward viewing the futures markets and strives to avoid information overload. He emphasizes having a trading plan and having the discipline to stick with the plan. “I don’t believe in Holy Grails. Plan the trade. Trade the plan.” — Burton Schlichter
Risk Management
Burt strongly advocates using stop losses and “trailing stops”. He stresses that traders should exercise patience and avoid overtrading. “I’ll wait for trades to set-up, and I’ll look for pullbacks to buy or sell.” — Burton Schlichter
Writings and Commentary
Burt’s commentary on the markets and trading can be heard daily on Christian Financial Radio Network or www.cfrn.net.
He has also written about the futures markets for Reuters, CBS Market Watch and other media outlets across the globe and has been featured on British Television for his S&P commentary.
Burt is the author of “Capture the Move” a newsletter that offers specific trade recommendations exclusively to his Daniels Trading clients.
Sign up for a trial to Capture the Move.
Google search “Burton Schlichter” — he has built some credibility over the years.
Burt’s Keys to Successful Trading
- Have a trading plan
- Be disciplined
- Have an exit strategy
- Practice risk management
- Have patience and avoid overtrading
- Leave your opinion at the door
“I preach these points with my clients and students today. It’s my opinion, to avoid being a casualty of the markets, one has to establish a trading plan. On a daily basis I am helping clients evaluate the markets, establishing trading plans, and offering trade ideas to give them the edge.”
Stay Alert Stay Alive — Burton Schlichter
