Month: September 2020
This article on Futures Trading Lessons and Mistakes is the opinion of Optimus Futures.
Do not fear mistakes. Use them to fuel your trajectory of improvement. Successful futures traders may vary in approach, background, knowledge, and capital, but they do have one thing in common, they have made plenty of futures trading mistakes. When you do make mistakes, try to “fail small,” so that no matter how frequently you fail, it will never bring you to the risk of ruin.
Have you seen the 2003 disaster film The Core? In a nutshell, the earth’s core stopped rotating. Without rotation, the earth’s magnetic shield isRead More
Throughout the world of finance, there is one key goal: avoiding losing money. Futures trading certainly echoes this sentiment. However, unlike the vast majority of conventional business models, capital drawdowns can be a positive part of futures trading. If done correctly, losing is an invaluable part of trader development. In this blog post, we’ll look… Read more.Read More
Soybean Meal Futures—Soybean meal in the December contract settled last Friday in Chicago at 342 a ton while currently trading at 339 down slightly for the trading week as prices hit a 2 year high in Wednesday’s trade as the trend remains to the upside. I have been recommending a bullish position from around the 299 level and if you…Read More
Silver Futures—Silver futures in the December contract absolutely collapsed this week after settling last Friday New York at 27.12 an ounce while currently trading at 22.85 down about $4.25 for the week as prices have now hit a 2 week low. At the current time I am not involved in silver as my only recommendation was copper & platinum as…Read More