Even for traders who are consistent, disciplined, and well capitalized, trading can be filled with emotional, financial, and even physical ups and downs. No matter the amount of experience a trader has, there will always be periods of doubt. It can often be hard to stick with it after a series of tough losses. During these periods, it can be …
The Automated Edge: Diversification in the Futures Market
Futures markets move quickly, leaving traders to make split-second decisions in response to market shifts. Fortunately, there is a trading ally that can simplify this process—one that never sleeps, gets emotional, or second-guesses decisions. Automated trading systems offer innovation and opportunity, whether you’re an active trader, new to trading or in between. But is implementing these systems the right move …
Playing Your Hand Wisely: From Poker to Trading Plans
Entering a high-stakes poker table that has a $200 minimum buy-in with only $200 is akin to putting all of your money into a single hand. Like a coin flip, you are leaving your fate to chance, and will likely miss out on profitable situations when you aren’t in play. This analogy mirrors what may happen to a trader who …