Thursday, September 11, 2008

Futures Trading Systems by Greed and Fear

Futures trading systems are very important to be successful in futures trading. Why ? because without any futures trading systems, traders would be distracted by greed and fear. As humans, traders cannot avoid greed and fear, so traders shouldn't avoid them, traders should use them.

How ?

We can use greed and fear to create our own futures trading systems. We use greed and fear as our temporarily futures trading systems. So we trade based on our greed and fear. This will cause us to make many mistakes ( losses). We need those mistakes to do futures trading analysis. Futures Trading Analysis will help us to answer these questions :
  • which futures contracts to trade
  • when to buy and sell futures contracts

If we already have the answers, it means we have found our own futures trading systems.

notes :

  • always trade with small capital when using greed and fear futures trading systems.
  • always update the futures trading systems

Already have a good futures trading system ? please share how did you find it ?

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