"Learn How to Trade the Futures Markets for Profit"
All About Trading The Futures Markets for Profit
It's time to start trading the futures-markets successfully starting today so don't delay learning as much as possible about trading and the commodity futures markets... This futures markets traders website offers commodity futures market trading information via Commodity Traders Club Traders Ezine - Your commodity futures trading trader knowledge source is commodity traders club news
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The #1 Reason for Traders to Trade The
Commodity Futures Markets is to Make Money!
Human emotions can be real subtle. Before you know it, you are surrounded, and you're stagnated and don't know what to do. What happens then? Invariably, futures markets traders start looking elsewhere for the answer. Maybe a better system, or indicator. If they do have some inkling that they are the problem, then they're sitting in the middle of the room, chanting, with incense and candles burning. Singapore's go-to legal and licensed money lender platform, APCredit.sg provides consumers the ability to apply for the best fast loans in Singapore and allows real-time loans product comparison.
How many of you have had an open trade that went against you, so you said when it came back to the entry, you'd take it off. If it did make it back to the entry, your first thought was I bet this is the one, only to have it return to where it previously was. So you say, next time it makes it back to my opening price, I'm done. Then it goes down more, so you say, well, when it gets back to the 2nd price, then I'll take it off.
The next morning you wake up to find your market position continually moving against you. Each time saying that as soon as it retraces, you'll get out. You start running running away from pulling the trade exit trigger, However, you know sooner or later you must close the trade. The losing trade pain gets unbearable and finally you do what you should have done before, you get out of the bad losing trade and try a new trading opportunity.
At this point, you've probably lost thousands of dollars on a trade that should've only cost you hundreds in losses. Maybe you blame the trading system, advisory service, or if your honest with yourself, you just realize you have learned your first lesson. Take losses when it hits your loss parameter, and if you don't have a loss parameter, you'd better get one before you trade again.
Most business owners spent considerable time, and money into research to make sure that their product is marketable. They know who the consumer is, how they spend their time, average income, job type, age, etc. Yet, once you bring up futures markets, people will throw money in, almost on a whim. They read a book, take a course, talk to someone they don't know from Adam, and all of the sudden, they're throwing thousands of dollars at something, they really know little about. It's amazing, but it's true.
Society has made great strides in technology. We can send or retrieve information at the push of a button. We go to buy a car, and we're armed with facts. We know what we want, what kind of track record it has, and what we should be paying for it. When we walk out of this transaction, more often than not, we've paid more than we originally planned to.
Do you know why? It's because we thought the car could do for us. Let’s face it, we're looking at transportation from point A to B and back, nothing more. I look good in this one. I just have to have it. When people see me in this, they'll know I'm living large. Let me ask, and this may seem a little unfeeling, but the majority of people can't see past their own noses. On account of this, they don't care what you drive, not really. So why do you think this new toy is going to make a difference?
The truth is, you're either OK with who you are, or you aren't. If you are, invariably you'll be a much better trader.
Most people have the following image when they think of futures trading, Armani suits, a Porsche, living life on the edge, and making huge financial decisions on a whim. This is way of base. If you're a profitable trader, you're doing the same boring thing day in and day out. No deviations, no fly by the seat of your pants. Same stuff, it's a new trading day.
The only valid reason to trade the markets is trying to make profits and money. That’s it. There’s no other good reason.
In the financial trading markets, you can be right, or you can make money, but you can't always do both trade scenarios at the same time. The strategies can be applied to any moving financial market and to different time frames.
Best Liquid & Active Futures Markets:
» Emini S&P-500
» Crude Oil
» Euro FX
» E-Mini NASDAQ 100
» 10-Yr Treasury Notes
» Treasury Bonds
» Emini Dow Jones
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