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Finding a System to Day Trade the Futures Market

By: zack

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I did not know anybody that traded the commodity market.
I knew I had to have a good system, but where would I'm going to find one. At that point brokers would send you info, and maybe they do, from numerous Exchanges about different trading secrets and how one might use them in a selected commodity market. Well, this info looked pretty good! All I had to do was get a charting service and I was on my way. I believe I was not as bright as the individual that gathered the info for the pamphlets because I simply couldn't make these signals work for me. With this concept under consideration I felt I just wanted more info. Like I announced formerly, I suspect I wasn't awfully bright because after reading 30 or 40 books completely, some 2 and 3 times, and having applied the methodologies learned from the books, I wasn't in a position to trade advantageously on a regular basis. I am sure some are really capable of using these systems to trade successfully, but I wasn't able to do it. It's on my shelf and I glance at it a few times a year to keep this experience fresh in my memory.
There might be some great books out there that show how to trade successfully on a regular basis, but sadly I never found one. I wasted years on this enterprise.
I received an advert about a program where I could basically write my personal system and back test it to get results before basically trading it. Wow! This was great which was only $4,500.00. They publicized anybody would be in a position to programme this thing. Well they must have meant any person with the exception of me. I did not know the programme language and I was not ready to get sufficient info to learn it so I chose to be clever about this situation and acquired another programme at just half the cost of the 1st one. I was in a position to write one or two programs that produced very well in back testing, if one could stand 20 point stops in the SP. For years now I had been studying charts every day and weekends and evenings.Of course I was aware that all indicators, secrets, systems and so on. Started with cost.
None of these things can be made without price moving first. So I made up my mind to put all of my energy into the study of charts, or price and its movement, and ultimately I found it. It was right there in front of me all of these years and I just did not see it. After another year or thereabouts of perfecting entries and exits and the way to read where price should go, and if it might continue on or turn at this point, I eventually had a system. This system will give you profits constantly. I discovered that price will tell you where it is going and where it's probable to turn, and if it does not turn there it'll tell you ahead that it'll likely continue. I had a tough time learning to trade without a guru.
It essentially took years of commitment, difficult work, and a large amount of wasted cash. If you're new to trading Futures, or any market, and you do not have a guru with a good system that may give you steady profits, then by all possible means that should be your first enterprise. It is maintained that ninety of everybody trading in the commodity market loses.

Article Source: http://depositarticles.com/

Learn more information about commodity and future trading at Commodity Options Trading and Futures Options Trading

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