1989 Futures Trading Training Video You Should Watch
Pay attention to the Taking Losses and Taking Profits lessons. Key Takeaways for Futures Traders from the Seminar Choosing the Right Pit Open Interest: Trade in markets with high open interest for better liquidity and profitability. Volatility: High volatility increases trade opportunities. Positioning: Stand near experienced traders or at the top of the pit for better visibility and execution. Getting Trades Be Aggressive: Bid and offer confidently to attract brokers' attention. Transition Trading: React quickly to market shifts (bids turning to offers and vice versa). Spread Trading: Monitor related markets (e.g., Yen, oil) to make informed bids and offers. Taking Losses Low Puke Point: Cut losses quickly—don’t let a bad position deteriorate. Mechanical Approach: Consider a one-tick loss rul...