"End Game" Futures Trading
This thread is for those who want to share their experiences with the many courses that are being sold for day trading futures. I am also here to advocate my End Game philosophy, which is to trade with longer term goals and with trades planned for long in advance.
Are you unhappy with day-trading courses and advisory services?
I have only seen a few people (out of hundreds) succeed using the futures day trading methods taught in many courses.
Let’s talk about the rest of us...
It is very difficult to overcome the psychological hurdles of day trading. The good news is that there are of plenty opportunities to succeed at trading futures using longer term methods. The people I am looking for are those who have paid (or are about to pay) for expensive day trading methods, and want help getting out of the casino-like trap they are in. Even if you don’t use my services, please use this forum to help each other get on the right track.
The CFTC and the NFA (of which I am registered), want people to understand the risks of trading futures. So please read the disclaimers below. Besides the disclaimers, a futures trader needs to think through the worst-case scenarios on every trade they take.
The End Game Trading Plan…
seeks to improve of chances of trading success by:
using intra-market spreads with seasonal and
fundamental economic advantages,
by using futures options for insurance,
and by using margin conservatively.
Bruce Smith
West Des Moines, IA
Disclaimers:
Please note that there is an inherent risk of loss associated with trading futures and options contracts. Futures trading may not be suitable for all recipients. Those acting on this information are responsible for their own actions. Spread trades are not always safer than simple long or short speculative positions.
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