Some advice for those who trade futures!
Dear brothers and sisters
Education first: Learn all about the futures market.
• Small positions: Do not risk your entire capital on one trade.
• Risk management: Use stop-loss and risk a maximum of 1-2% of the capital per trade.
• Strategy: Use trend following or swing trading strategies.
• Be careful with gearing: Use low gearing, max 2:1 or 3:1.
• Discipline: Follow the plan and avoid emotional trading.
• Avoid overtrading: Trade based on analysis, not impulse.
• Stay up-to-date: Follow economic news and events.
• Realistic expectations: Prepare for both gains and losses.
Protect your capital - it's the key to long-term success.
