Trading Futures More - Forex Markets Less
I have not been trading Forex much because I just have not had that much time to really spend watching the markets. The forex markets just take more time, at least all the ways I know how to trade them take time.
Futures on the other hand take almost no time to scale trade, basically I come up with my futures scale on the commodity I am interested in and then I enter all the orders I think have a chance to hit.
Then I wait, if I get lucky then I don’t have to wait to long and the market price starts to move on the futures contract I am trading. If I am wrong and the market price keeps going down then I buy more and wait some more.
As long as you have some idea what the bottom is and you have enough cash to ride it out then you have a profitable system and that scale trade can last for months or years based on 10 minutes worth of work.
Scale trading is by far the most efficient trading system I have ever seen, that works.
Futures on the other hand take almost no time to scale trade, basically I come up with my futures scale on the commodity I am interested in and then I enter all the orders I think have a chance to hit.
Then I wait, if I get lucky then I don’t have to wait to long and the market price starts to move on the futures contract I am trading. If I am wrong and the market price keeps going down then I buy more and wait some more.
As long as you have some idea what the bottom is and you have enough cash to ride it out then you have a profitable system and that scale trade can last for months or years based on 10 minutes worth of work.
Scale trading is by far the most efficient trading system I have ever seen, that works.
