Welcome to Futures Trading Guide
Coffee Futures Trading Article
. For a permanent link to this article, or to bookmark it for further reading, click here.
Waddling Through Day Trading And Futures
from:
Before we proceed, let us first clarify that day trading means the regular session during the day where most investment trades are conducted. Day trading usually ends at four PM, after which it is called the after-hours trading. Now, on to the discussion on futures.
The common denominator why people choose to invest in futures is the lure of money. However, day-trading futures is not a fool-proof business. There are risks involved and it would be wise to first find out what you're ready to face before you get into it.
Statistics show that more and more people are becoming interested in investing into futures trading accounts because of the strong likelihood of collecting robust gains.
One of the common mistakes in day futures trading is overshooting. When you make a financial plan, stick to it until the end and don't keep changing along the way. This will only cause confusion and result in you losing a lot more money in the end.
Here are some tips traders should keep in mind every time they engage in day futures trading.
The market is highly unpredictable and volatile.
Just because you're trading futures and have some form of control over the outcome of your transaction, you can never be fully sure that you'll be banking a win. A lot of experts will give out forecasts about where the futures market is going, but none are extremely accurate. Trading is basically a gamble, so it's best not to put all your eggs in one basket.
To be successful in day futures trading, you must first determine what your key goal is. Are you trading to generate profits, or are you doing it because it's exciting? Also, you must have a realistic aim, one that you can truly work with based on the resources you have.
You must determine how much you're prepared to risk
All traders seek to prevent huge losses on their futures accounts and not even the most seasoned of traders are spared when the tides turn against them. However, what separates professionals from the novices is that the former have greater emotional control when the heat turns up.
It is inevitable that markets fall, because that's their nature. If you think you can't handle too much risk, then don't invest too grandly. Put out only what you can comfortably work with.
What futures trading can guarantee is that at some point you win a lot and at some point you will lose. Thus, traders are expected to exercise an ample degree of patience and prudence when they make their financial decisions. That is, hope for the best and expect the worst. If you're not prepared to face a major downfall, then maybe futures trading is not for you.
Remember, the market is unpredictable and no matter how much of an expert you say you are at it, there is no 100% fool-proof strategy to ensuring a win.
Coffee Futures Trading Specific links
Coffee Futures Trading News
NY sugar down on Indian exports, coffee and cocoa off - Reuters Africa
 Business Recorder | NY sugar down on Indian exports, coffee and cocoa off Reuters Africa 2 producer India, with arabica coffee and cocoa futures slipping as well due to a firmer dollar. For news on other financial markets, please click on: ] 7:35 AM LAST NET PCT LOW HIGH CURRENT TRADE CHNG CHNG VOL Sugar MAR 24.17 -0.33 -1.4% 24.12 24.59 ... SOFTS-Sugar, cocoa edge higher, eyes on Greece Sugar moves up; cocoa and coffee ease Sugar tumbles after Pakistan approves exports, India decision eyed |
MARKET UPDATE-GRAINS, MEATS, SOFTS - Inside Futures
MARKET UPDATE-GRAINS, MEATS, SOFTS Inside Futures by Judy Crawford of Zaner Trading commodity futures and options involves substantial risk of loss and may not be suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge and ... |
Crude Oil Gains $1.50 as Dollar Falls: Commodities at Close - Bloomberg
Crude Oil Gains $1.50 as Dollar Falls: Commodities at Close Bloomberg After the settlement, the metal reached $1752.60 in electronic trading. The most-active contract has climbed 12 percent in 2012. Silver futures for March delivery gained 1.3 percent to $34.194 an ounce on the Comex. On the New York Mercantile Exchange, ... |
Commodities Corner: Volatile prices to persist - Nation's Restaurant News
Commodities Corner: Volatile prices to persist Nation's Restaurant News The problem for coffee buyers will be lack of quality, even within the Arabica category. That could mean steep premiums or “differentials” above what coffee futures are trading for. Dairy — Last year was unique, with record highs in milk output, ... |
FUTURES FILE: Coffee market in withdrawal - nwitimes.com
FUTURES FILE: Coffee market in withdrawal nwitimes.com These factors, plus increasing supplies in coffee–rich Vietnam, have caused the market to collapse significantly from 2011 highs. As of Friday morning, coffee futures for March delivery were trading at $2.16 per pound, down 30 percent from May highs. |