Welcome to Futures Trading Guide
 |
|
 |
|
 |
Online Futures Trading Platforms Article
This is a selection made from among articles on Online Futures Trading Platforms. For a permanent link to this article, or to bookmark it for future reading, click here.
Should You Get Into Day Futures Trading?
from:
Statistics show that more and more people are becoming interested in investing into futures trading accounts because of the strong likelihood of collecting robust gains. The reasons why they choose futures vary:
- They have gotten a little bored with investing in other financial instruments, like mutual funds, bonds and stocks and want to dabble in something new.
- They have been successful with stock, bond and mutual fund investing and are hoping to widen their earnings even more.
- They have not had much success with bonds, stocks or mutual funds and would like to try their hand at day futures trading in the hopes of finally raking in a win
- Someone they know has had good experiences with day futures trading that they want to obtain a piece of the sumptuous money pie.
The common denominator why people choose to invest in futures is the lure of money. However, day futures trading is not a fool-proof business. There are risks involved and it would be wise to first find out what you're ready to face before you get into it.
The market is unpredictable
Just because you're trading futures and have some form of control over the outcome of your transaction, you can never be fully sure that you'll be banking a win. A lot of experts will give out forecasts about where the futures market is going, but none are extremely accurate. Trading is basically a gamble, so it's best not to put all your eggs in one basket.
You must determine how much you intend to risk
All traders seek to prevent huge losses on their futures accounts and not even the most seasoned of traders are spared when the tides turn against them. However, what separates professionals from the novices is that the former have greater emotional control when the heat turns up.
It is inevitable that markets fall, because that's their nature. If you think you can't handle too much risk, then don't invest too grandly. Put out only what you can comfortably work with.
To be successful in day futures trading, you must first determine what your key goal is. Are you trading to generate profits, or are you doing it because it's exciting? Also, you must have a realistic aim, one that you can truly work with based on the resources you have.
Overshooting is one of the common mistakes in day futures trading. When you make a financial plan, stick to it until the end and don't keep changing along the way. This will only cause confusion and result in you losing a lot more money in the end.
The main thing day futures trading can guarantee you is that you will lose at some point. This advice isn't really encouraging but it's a realistic look at the industry. That's why those who are just starting out in futures trading are being told to expect the worst, but hope for the best. If you win, then good for you. If you lose, take defeat like a professional, see where you went wrong and then trade again.
Online Futures Trading Platforms Specific links
Online Futures Trading Platforms News
ICE says November futures volume rose 9 percent - CNNMoney.com
ICE says November futures volume rose 9 percent CNNMoney.com - ICE saw a 52 percent surge in average daily volume on its US trading platform, which more than offset declines of 5 percent and 45 percent, respectively, ... IntercontinentalExchange Nov Average Daily Volume Up 8.9% CME Group Volume Averaged 10.5 Million Contracts Per Day in ... UPDATE: CME Average Volume Down 29% In Nov; ICE Up 8.9% |
Bursa Malaysia launches securities trading platform - Malaysia Star
Bursa Malaysia launches securities trading platform Malaysia Star, Malaysia - This makes the online trading experience faster and much more responsive. Five best price limits: Investors would find this feature beneficial as it ... |
Kept on ‘watch list’, MCX promoter set to take NSE to court - Livemint
Kept on ‘watch list’, MCX promoter set to take NSE to court Livemint, India - NSE has declined to give a program interface that will allow brokers to connect to currency futures trading at the exchange, Neralla claimed. ... FIEO ties with MCX Stock Exchange |
Futures brighten for banned commodities - Economic Times
 TopNews | Futures brighten for banned commodities Economic Times, India - MUMBAI: Futures trading in four commodities — soya oil, potato, rubber and chickpeas (chana) — is likely to resume this week after more than six months. ... Resumption of futures in 4 commodities in a week Futures in rubber, soyoil may start this wk Futures trade in four banned items set to resume: FMC |
PFGBEST.com Delivers MetaTrader4 Retail Forex Platform - MarketWatch
PFGBEST.com Delivers MetaTrader4 Retail Forex Platform MarketWatch - ... trader education, research, and direct online futures trading through its BESTDirect platform, now celebrating its 10th anniversary. ... |