Futures Trading Room
We have a futures trading room inside our Discord. It’s a place where you can learn what others are doing and how they are doing it, share charts, share ideas and gain knowledge. We support each other with knowledge and feedback. We also go over large caps and options in this room.
Unlike penny stocks that are routinely pumped and dumped around the internet, futures are in a separate category and harder to pump by trading companies. Of course, there are big dogs in the world of futures who take big positions and move the market, but we are retail traders sneaking in between their big position trading.
We have lots of different styles of trading being used in our futures trading room. Some people are swing trading futures contracts, scalping futures contracts, day trading futures contracts, and futures options spreads. They say variety is the spice of life, and we agree! Futures trading has its unique challenges and differences. There is something for everyone in our stock trading community. Futures trading can be extremely volatile around economic and political events; we are all at the mercy of the market and have learned to trade appropriately based on what is happening. Not what we think is happening.
Preparation
Let the charts dictate your trade, not your emotions! Always have an economic calendar ready and be aware of what types of events move the futures markets! Futures traders pay attention to symbols like /CL /ES /YM /NG. These are not calls to buy or sell a futures contract, but often to bring attention to movement or support and resistance zones.
Just to let you know, we are not professional investors or financial advisers. We are traders that use chart analysis and technical analysis. Trading is risky. Please read our disclaimer.
How to Trade Futures
- More margin/leverage for futures trading requires less capital
- Future markets are highly liquid
- Lower commissions and trade execution costs
- Futures are very technical, respecting candlestick patterns
- Paper trading is a great trading tool to build experience.
- You can short futures
- Futures have no PDT rule.
- Futures can be traded almost 24/7.