A dollar lost will be a dollar gain for another party. Do you wish to be the one who gain the one dollar? Many people struggle to be successful in making money from futures but how many actually realized that when you fail to plan, you are actually planned to fail! Let's start our money making plan work by having this discussion group..
Below is an article in credit of investopedia
http://www.investopedia.com/articles/optioninvestor/09/be-a-better-futures-trader.asp
Hi Mclove,stated trading two months ago......... just getting the feel lol..... max two contracts.... I must say.... a lot to learn..... Been working outstation so no trade for two weeks.... looking to entry in the next couple of days......
Hang Seng had been in tiny range for quite some times... investor dun miss the chance for Hang Seng.. Futurescoins, I have been following ur blog for Hang Seng trading... maybe you should share a bit of idea of how to go around this foreign trading
Foreign futures such as HSI definitely contains more risks then our local market. However, if you could handle the trend well, it will make you richer faster but of course, if vice versa..you could lose your pants off..hahah..stick to the rules, follow the trend and do not hesitate to cut loss if you are in wrong position! Take HSI as an example, sellers who refused to cut loss would have lost easily HKD 100,000 per contract in a short period of two days. Therefore, always remember not to go against the trend.
Cut loss is hard but you must power the skill.. that is your most powerful skill... living in world of hope will only jeopardize the trader... capital preservation is everything.
MClove, I will try cpo..... just that know cannot monitor .... just got back from work n checking forum.... I'm glad I can at least learn from experience people....
Futurescoin..... honestly good sharing..... Bro optimum advised i3 not to play put warrant instead short/long futures..... so I'm giving it a try..... Hehehe.... when I first started.... I was kinda lost but know learning to follow trend.....
Yea..you are right Baymax..I still don't understand why ppl prefer to play call/put warrant. Futures is much more straight forward! Anyway, good on u Baymax! Can see another successful trader in making! Cheers!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Posted by Futurescoin > 2015-02-12 10:06 | Report Abuse
A dollar lost will be a dollar gain for another party. Do you wish to be the one who gain the one dollar? Many people struggle to be successful in making money from futures but how many actually realized that when you fail to plan, you are actually planned to fail! Let's start our money making plan work by having this discussion group.. Below is an article in credit of investopedia http://www.investopedia.com/articles/optioninvestor/09/be-a-better-futures-trader.asp