In the arena of futures trading, the cost of doing business is fairly straightforward. Exchange and clearing fees, as well as brokerage commissions, are a few black-and-white items that obviously cut into a trader’s profits. However, there’s also an x-factor that often goes unrecognized — slippage. While slippage may not be exceedingly devastating, or rewarding, it… Read more.
Futures Trading Education
Perhaps the most influential four-letter word in the English language is fear. Fear is defined by the Oxford dictionary as “an unpleasant emotion caused by the threat of danger, pain, or harm.” When it comes to futures trading, the pain of failure and the harm of capital loss deter a great number of people from ever… Read more.
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… Read more.
Each day, individuals around the globe pursue their financial goals via financial derivatives. According to the Financial Information Association (FIA), more than 25 billion futures and options contracts changed hands during 2017. This staggering figure illustrates the high level of public interest that has made futures and options some of the most popular modes of trade… Read more.
Active futures trading can be a humbling endeavor. Long days behind a computer monitor, often without reward, cause many people to flee the market before ever reaching their trade-related goals. Why is answering the question of how to become a successful trader so difficult? If I make more money than I lose, I win ―… Read more.
No doubt about it, coping with the loss of hard-earned money is the most difficult part of active futures trading. An ill-timed loss or series of poor trades can have extreme psychological impacts on almost anyone. As far as trading skills go, being able to cope with losing money in a healthy manner is among… Read more.
When it comes to the topic of trading futures successfully, everyone has an opinion. For traders that have been consistently profitable for any length of time, the formula appears simple: find an edge and apply it religiously. Aside from having a rock-solid approach to the markets and the discipline trade it, are there any so-called secrets… Read more.
People from all walks of life define “success” in very different ways. Physical health, financial well-being, and spiritual growth are just a few of the measuring sticks used to quantify prosperity. In the arena of active trading, success is measured in terms of dollars and cents. For a vast majority of market participants, the supreme goal… Read more.
The profession of trader is unlike any other in society. The hours are unconventional, pay varies greatly, and performance is always under the microscope. Being a trader is 180 degrees from conventional sales or manufacturing work. It’s a discipline rooted in self-reliance, independence, and determination. When a person chooses to pursue a career as an active… Read more.
In comparison to other securities, futures exhibit many characteristics that offer traders unique opportunities. Whether you’re an intraday, day, or swing trader, these markets are attractive venues for the pursuit of nearly any financial goal. Unless you’re a traditional “buy-and-hold” investor, there are several key advantages of trading futures that make them especially alluring. The five primary… Read more.