![]() These are risky markets and only risk capital should be used. The material contained in this letter is of opinion only and does not guarantee any profits. Some traders try to "beat the market" by day trading, nervous scalping, and getting greedy.Įnlighten Yourself! Cannon Trading respects your privacy and will never give this information to a 3rd party. 5) Don't Get Greedy when it comes to Trading Futures Traders often try to carry too big a position with too little capital and trade too frequently for the size of the account. They base their trades on hunches and long shots, rather than sound fundamental and technical reasoning, or put their money into one deal that "can't fail." 4) Know Your Size 3) Trade ObjectivelyĪfter several profitable trades, many speculators become wild and nonconservative. Many traders don't realize the news they hear and read has, in many cases, already been discounted by the market. Learn how to do futures trading the right way. Usually, they liquidate the good trades and keep the bad ones. ![]() Consequently, they overtrade and use their equity to the limit (are undercapitalized), which puts them in a squeeze and forces them to liquidate positions. Even if they establish a plan, they "second guess" it and don't stick to it, particularly if the trade is a loss. They do not define specific risk and profit objectives before trading. Many futures traders trade without a plan. Download the PDF and find out what they said. Their answers reflected the trading experience of more than 10,000 futures traders. Most Common Pitfalls To Avoid When Trading Futures-Commodity Futuresĥ00 experienced futures brokers were asked what caused most futures traders to lose money when comes to trading futures.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |