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Trading Futures Markets

Trading Futures Markets

As with trading of any financial market whether it be Futures, Forex or Stocks, there remains a risk of losing some, if not all, of your trading capital. Capital preservation should be top priority when trading any market. Traders should continuously monitor overall market action, geopolitical events and economic news or data released. Failure to monitor this information in addition to any other information you the trader have found vital, could result in a loss for any current open position you may be holding or miss potential profitable entry opportunities.

Brokers offer demo trading platforms for trading the Futures Markets to help new traders, begin. Potential futures traders must utilize this opportunity to test their skills at trading futures. Through demo trading, a potential futures trader has the chance to view trading action of various e-mini Futures that they may have an interest in trading. Additionally, while in the training mode, Futures Traders should be following a professional trading service, to help them learn the tricks of the trade.

The Futures Trading Room at Millennium-Traders follow these particular e-mini Futures: YM: Mini Dow, TF: E-Mini Russell 2000, ES: E-Mini S&P 500, NQ: E-Mini NASDAQ, GX: DAX, ZG: 100 oz. Gold, QG: Natural Gas and QM: Crude Oil. If a Futures Trader is not in tune to market conditions, they could experience an adverse affect on their individual trading activity of these e-mini Futures contracts. Futures traders should adapt their Futures Trading Strategy to these ever changing conditions. A key to potential success at trading e-mini Futures is by adjusting the number of the contracts traded, dependent upon overall market conditions as well as your individual trading experience.

A new trader to the Futures market should step back and monitor trading activity in e-mini Futures of potential interest for days or weeks, to get a feel of how they potentially move. Spend a quality of time watching trading activity and how Futures trade during various time zones of the trading day that you intend to participate in trading of the markets.

Certain e-mini Futures are more volatile than others. Watching them for a period of time is the only way to know, what moves how. Potential Futures Traders should have watched the trading action for quite some time prior to even thinking about demo-trading. Why? It is simple – why jump into trying to trade something – even in demo mode – that you know absolutely, if not just a little, about? Making a career of Futures Trading is just like any profession, it takes time, discipline and commitment and it is definitely not a get rich quick scheme.

Successful Futures Trading is a skill and per Wikipedia, the definition of skill: *skill is the learned capacity to carry out pre-determined results often with the minimum outlay of time, energy, or both.* It is up to each individual how much they wish to put into in becoming a professional at Futures Trading. Success will be determined by the amount of effort put forward. Individuals who wish to make a career at Futures Trading should make every effort to participate in professional training.

May 2011


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