Welcome to Futures Trading Guide
 |
|
 |
|
 |
Us Commodity Futures Trading Commission Article
This is a selection made from among articles on Us Commodity Futures Trading Commission. 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.
Us Commodity Futures Trading Commission Specific links
Us Commodity Futures Trading Commission News
CFTC allows Thai and Korean futures contracts to be sold in US - Hedge Week.com
The Commodity Futures Trading Commission's office of general counsel has announced the issues of no-action letters allowing futures contracts based on Korean and Thai equity indices to be marketed and sold in the US. The no-action letters, issued on ...
Read more...Sreekumar Raghavan, Commodity Online - Commodity Online
BANGALORE: Intelligence agencies still may not have the perfect answer as to how terrorist move their funds across borders. While it may be difficult to move funds across formal banking channels, it is likely that they may be using alternative, non ...
Read more...ICE Reports Futures Volume for November 2008; November ADV up 9%; Year ... - CNBC
ATLANTA, Dec 02, 2008 /PRNewswire-FirstCall via COMTEX/ -- IntercontinentalExchange (NYSE: ICE), a leading operator of regulated global futures exchanges and over-the- counter (OTC) markets, today reported that average daily volume (ADV) for all ICE ...
Read more...IMM speculators trim long U.S. dollar bets - CFTC - Reuters
NEW YORK, Dec 1 (Reuters) - Currency speculators trimmed bets in favor of the U.S. dollar in the latest week, data from the Commodity Futures Trading Commission showed on Monday. The value of the U.S. dollar's net long position fell to about $5.32 ...
Read more...Commodities research firm ordered to pay USD150,000 to settle "hedge ... - Hedge Week.com
The US Commodity Futures Trading Commission has obtained a judgment against Aurifex Commodities Research Company of Mason, Michigan, requiring the company to pay USD30,000 in restitution and a USD120,000 civil monetary penalty to resolve CFTC charges ...
Read more...