Get Into Futures Exchanges
What you must know before you start trading:
Derivatives are financial contracts whose value is based on the movement of the price of another financial item. A derivative’s price is linked to the price of the asset from which it derives its value.
A futures contract is an agreement between a buyer (with a long position) and a seller (with a short position) in which the buyer commits to buy a derivative or index at a fixed price at a future date.
The contract’s price changes over time in relation to the fixed price at which the transaction was made, resulting in a profit or loss for the trader. We’re here for the profit.
Follow the Future Markets in real
Follow the Future Markets in real time
Discovering how to set up a stock screener for trading that aligns with your strategy is key to success. With TradingView you can learn all about that and many other topics like the US Dollar Index, or DXY, a key metric for forex traders. Learn what the dollar index is and its significance. You can also investigate why the economic calendar is an essential risk management tool for traders. Learn more on TradingView.
Why is Futures trading superior to other markets:
- Really low commissions;
- You can turn a fast profit;
- Lots of options for diversification;
- Markets are liquid;
- Easy to get into;
- There is no time decay;
- Fixed upfront trading fees.
What should you pay attention to when trading Futures:
- Follow the trend;
- Try not to chase the market;
- Start by defining when you enter and exit;
- Know that you can’t be right absolutely every time;
- A 2 to 1 risk-profit ratio is a great place to start.