• Skip to primary navigation
  • Skip to content
  • Skip to primary sidebar
  • Skip to footer
Daniels Trading

Trade Futures, Spreads and Options with Confidence.

Top Navigation

  • Open a Futures Account
  • Sign Up
  • Log in
  • 1.800.800.3840

Primary Navigation Menu

  • About
    • Who We Are
    • Services
    • Risk Disclosure
    • COVID-19
  • Trade
    • Broker-Assisted
    • Self-Directed / Online
    • Request Pricing
  • Hedge
    • Ag Marketing Plan
    • WASDE Analysis
    • Grain Resources
    • Livestock / Dairy Resources
    • Request Pricing
  • Invest
    • Automated Strategies
    • Managed Futures
    • Request Pricing
  • Advisories
    • GENERAL / FUNDAMENTAL
      • DT Newsletter
      • Insider Market Advisory
      • Turner’s Take Newsletter & Podcast
    • TECHNICAL ANALYSIS
      • The Cullen Outlook
      • Data Feed Trade
      • Jarboe Trading Journal
      • Trade Spotlight
    • AG MARKETING
      • Cattleman’s Advisory
      • Technical Ag Knowledge
      • Turner’s Take Ag Marketing
    • THIRD-PARTY RESOURCES
      • CFRN
      • Moore Research Center, Inc. (MRCI)
      • OptionWorks®
      • TASMarketProfile.com
  • Education
    • CME Group Resource Center
    • CME Group Offers
    • Small Exchange Resources
    • Guides
    • Frequently Asked Questions
    • Order Entry Handbook
  • Blog
    • Futures 101
    • Ag Marketing
    • Tips & Strategies
    • Trading Advisories
  • Resources
    • Trading Software
    • Quotes and Charts
    • Futures Calendars
    • Contract Specifications
    • Margin Requirements
    • Futures Calculator
  • Accounts
    • Apply
    • Access My Account
    • Funding
  • Contact
Home / About Us / Meet Our Futures Brokers / Burton Schlichter

Burton Schlichter

Contact Burton Schlichter

  • +1 (312) 706-7647 Local / Int’l
  • +1 (866) 928-3310 Toll-Free
  • +1 (312) 706-7547 Fax
  • Send an Email

Burton Schlichter Burton “Burt” Schlichter has over 20 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 over-trading. “I’ll wait for trades to set-up, and I’ll look for pullbacks to buy or sell.” — Burton Schlichter


Writings and Commentary

CFRN

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’s Keys to Successful Trading

  1. Have a trading plan
  2. Be disciplined
  3. Have an exit strategy
  4. Practice risk management
  5. Have patience and avoid overtrading
  6. 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


Videos Featuring Burt

Burt in the Media


Videos Featuring Burt

Burt in the Media

Contact Burton Schlichter Directly

Please complete the form below. The fields marked with an (*) are required.

  • By submitting this form, you agree to receive communications from Daniels Trading and consent to allow us to store and process the personal information you've submitted to provide you the content requested.

    You may unsubscribe from communications at any time. For more information on how to unsubscribe, our privacy practices, and how we are committed to protecting and respecting your privacy, please review our Privacy Policy.

  • This field is for validation purposes and should be left unchanged.

Your privacy is important to us.
Please review our Privacy Policy.

Primary Sidebar

Tips & Strategies

Advanced Techniques for Futures Trading: Order Carry Over vs. End of Day Cancellation

Technical Analysis of Stocks: Understand the Pros and Cons

In today’s equities marketplace, the technical analysis of stocks is a popular discipline. Each day, millions of market participants use tools, indicators, and price action as primary decision-making mechanisms. Read on to learn more about the advantages and disadvantages of stock market technical analysis. The Technical Analysis of Stocks Technical analysis is the study of… Read more.

Probabilistic Modeling for Trending Markets

Many mathematicians start with the same, single assumption when they commence any probabilistic modeling: the probability of a market moving higher or lower on any given day is 50%. Though this may seem oversimplified…

Recession

Will the Russia-Ukraine War Cause a U.S. Recession?

The Russian invasion of Ukraine in February 2022 brought dramatic uncertainty to the world’s capital markets. As a result, commodities prices spiked suddenly, led by strong bullish trends in crude oil, gold, and wheat. Can the Russia-Ukraine war prompt a U.S. recession? Read on to learn more about the situation and what to expect for… Read more.

More Tips & Strategies

  • What Is the Best Way to Sell Stock Options?
  • What Are the Four Risks of Trading Stock Options?
  • Understanding the Impact That Stock Option Time Decay Has on Stock Options
  • Bearish and Bullish Options Trading Strategies
  • How High Will Crude Oil Prices Go?
  • Making Money with Stock Options
Trustpilot

Footer

Site Navigation

  • Frequently Asked Questions
  • About Us
  • Customer Reviews
  • Contact Us
  • Futures Blog
  • Open a Futures Trading Account
  • Media Resources
  • Fund Your Account
  • Legal Notices

Contact Us

StoneX Financial Inc.
Daniels Trading Division
230 South LaSalle Suite 10-500
Chicago, IL 60604
+1.312.706.7600 Local / Int'l
+1.800.800.3840 Toll-Free
+1.312.706.7605 Fax

Connect with Us

Trustpilot
Risk Disclosure

The StoneX Group Inc. group of companies provides financial services worldwide through its subsidiaries, including physical commodities, securities, exchange-traded and over-the-counter derivatives, risk management, global payments and foreign exchange products in accordance with applicable law in the jurisdictions where services are provided. References to over-the-counter (“OTC”) products or swaps are made on behalf of StoneX Markets LLC (“SXM”), a member of the National Futures Association (“NFA”) and provisionally registered with the U.S. Commodity Futures Trading Commission (“CFTC”) as a swap dealer. SXM’s products are designed only for individuals or firms who qualify under CFTC rules as an ‘Eligible Contract Participant’ (“ECP”) and who have been accepted as customers of SXM. StoneX Financial Inc. (“SFI”) is a member of FINRA/NFA/SIPC and registered with the MSRB. SFI does business as Daniels Trading/Top Third/Futures Online. SFI is registered with the U.S. Securities and Exchange Commission (“SEC”) as a Broker-Dealer and with the CFTC as a Futures Commission Merchant and Commodity Trading Adviser. References to securities trading are made on behalf of the BD Division of SFI and are intended only for an audience of institutional clients as defined by FINRA Rule 4512(c). References to exchange-traded futures and options are made on behalf of the FCM Division of SFI.

Trading swaps and over-the-counter derivatives, exchange-traded derivatives and options and securities involves substantial risk and is not suitable for all investors. The information herein is not a recommendation to trade nor investment research or an offer to buy or sell any derivative or security. It does not take into account your particular investment objectives, financial situation or needs and does not create a binding obligation on any of the StoneX group of companies to enter into any transaction with you. You are advised to perform an independent investigation of any transaction to determine whether any transaction is suitable for you. No part of this material may be copied, photocopied or duplicated in any form by any means or redistributed without the prior written consent of StoneX Group Inc.

© 2022 StoneX Group Inc. All Rights Reserved

  • Risk Disclosure
  • Privacy Policy
  • California Residents Privacy Notice
  • Terms of Use
  • Back to top
 

Loading Comments...
 

You must be logged in to post a comment.