Burton Schlichter
| Contact Burton: | |
| Local / Int’l Phone: +1 (312) 706-7647 |
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| Toll-Free: +1 (866) 928-3310 |
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| Fax: +1 (312) 706-7547 |
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.
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
"Why I Chose DT" Responses from Burton's Clients:
THESE TESTIMONIALS ARE FROM SELECT CUSTOMERS. THEIR EXPERIENCES MAY NOT BE TYPICAL OF WHAT YOU CAN EXPECT TO ACHIEVE, AS RESULTS MAY VARY. CLAIMS CONTAINED WITHIN TESTIMONIALS HAVE NOT BEEN VERIFIED. CUSTOMERS WERE NOT PAID OR COMPENSATED IN ANY WAY FOR THEIR STATEMENTS.
Past Webinars and Events
Past Webinar and Event Archives
"I heard Burt on CFRN and he didn't talk over my head with a lot of terms I didn't know, no jargon, just easy to understand explanations. He has an easy going manner I like and he and Leslie always get back to me with answers to my questions right away. I'm new to trading futures and have never felt pressured in any way to start trading while I'm learning. I'm at the right company."