![]() |
|
|||||||||
![]() |
|
|||||||||
|
|
|
|
|
|||||||
|
|
||||||||||
|
|
|
|
|
|
|
|
|
|||
|
|
||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
Futures Trading Education Our e-book, Trading Futures: Only One Way to Win is the pinnacle of futures trading education. We are confident we can say this because of what is in our book: a futures trading system that trades without losses. Most futures trading education is focused on faulty trading systems, which rely on predicting the market's future direction. Our system never uses predictions. Never using predictions is the only way you can consistently generate winning trades without ever losing. The futures trading education in our book does not stop with just our proprietary trading system. We cover, in detail, seven key personality traits each trader must have. Knowing a trading system is not enough to become successful. You must have the discipline and fortitude to implement the plan. Your mental state is essential to succeeding in futures trading. This is why, in our book, we identify the seven key personality traits of successful traders. We are so confident that our e-book is the best futures trading education resource that we offer a full money back guarantee. Once you read the book you will understand how to make predictable profits no matter what direction the market takes. You will have at your fingertips a trading system that can generate immense wealth by trading closely related futures contracts. Simply read the book and test our system using "paper trades" without any risk whatsoever. If after 90 days you are unsatisfied with the trading system, you simply tell us you want your money back. Basic Futures Trading Education As noted above, a futures contract is an obligation, and that obligation needs to be fulfilled. This is one reason why it is important to understand futures quotes. Futures quotes are unique in nature as they are comprised of two components. The first portion of the quote is given in thousands, while the second portion of the quote is given in 32nds. For example a 10 year T-note quote of 111.040 indicates the contract is worth $111,125. You get this by multiplying the first portion of the quote by $1,000 and dividing the second portion of the quote by 32. On delivery date, the seller of the contract would have to deliver $111,125 to the buyer of the contract. To eliminate the obligation, a trader would simply make an offsetting trade (bought if one has sold, sold if one has bought). Trading futures is one of the riskiest forms of trading. This is because of the small margin available for futures traders. Unlike the margin required for stock purchases--which is typically 50 percent--futures contracts will have margins between two to 15 percent. The margin levels are set by the exchanges, are based on volatility, and can change at any time. In most instances the margin requirement is around 5 percent. The high leverage allows the opportunity for large profits, but it also carries the potential for devastating losses. Unless you trade a system that never loses, of course. |
|
|
|
|
|
|
|
|
|
|
2008 Copyright © TradeToFreedom |
|||||||