For those driven to succeed, the learning never stops. Whether you are immersed in the scholarly literature of the day or hoping to glean insight from an untimely loss, education is an ongoing process for the active futures trader.
Although books and blogs are readily available to streamline the learning curve, another especially useful medium is the webinar. Webinars are a great way to boost your chops on everything, from playing the guitar to astrophysics, in an on-demand, audio/visual format. In this blog we will break down a few must-see futures trading webinars.
Understanding The Market
If you’re going to trade futures, then understanding the basic mechanics of the marketplace is an absolute necessity. Where better to get the low-down than from the leading derivatives venue in the world, CME Group?
Its webinar series CME Globex 101 addresses several topics that break down the essentials of futures trading:
- Order entry
- Exchange order matching
- Market data
- Risk management
Building a concrete knowledge base is the first step to becoming proficient in any discipline. For active traders, understanding where pricing data originates and how trades are executed is imperative. While the Globex 101 webinar series isn’t built to entertain, it does provide vital foundational knowledge in a concise, time-efficient fashion.
Being Prepared for Volatility
When it comes to futures trading, grasping the concept of volatility is critical to navigating the markets successfully. Pretty much every trader knows what pricing volatility is, yet dealing with it competently can be a monumental challenge.
A key indicator of volatility in the world of finance is the Chicago Board Option Exchange’s futures and options volatility index (VIX). For more than two decades, professional traders of stocks, currencies, and futures have referenced the VIX as the premier barometer of evolving market volatility. Its complexities are broken down in a short webinar primer offered by the CBOE: VIX Options and Futures (top left of page). Updates are provided periodically by the CBOE on the ins and outs of the VIX from leading institutional traders and market authorities.
A great place to learn how to prepare and deal with market volatility on a session-by-session basis is through DT’s Market Dimensions Advisory webinar series. In it, industry professionals address a variety of trade-related issues crucial to active trade. DT’s Market Dimensions Advisory is available to stream live or on-demand.
Functioning in the Digital Marketplace
Contemporary futures trading is fast-moving, hypercompetitive, and nearly 100% digital. The need for computer literacy has never been greater.
To address the issue of technology as it applies to the trader, few educational mediums can match the effectiveness of the webinar. Reading a manual on how to run a trading platform or troubleshoot your internet connection is tedious at best. Having the opportunity to watch a professional address technology is invaluable.
A good place to get up to speed on futures tech is through Daniels Tradings’ dt Pro 101 webinar series. The webinars demonstrate the functionality of the dt Pro platform, including advanced features and trading strategies.
Take Your Futures Trading to the Next Level
One of the most exciting things about the digital age is the wealth of educational materials at our disposal online. Webinars are among the most valuable.
A great reference for anyone interested in futures is the webinar library available at Daniels Trading. From platform tutorials to the execution of trading strategies in the live market, Daniels’ webinars have it all.
