Tag Archives: Futures Trading
When it comes to successful trading, do traders know what the most important aspect of it is? Is it identifying a good trading opportunity? Does it involve having the right entry into the market? Or is it having the right trading tools? Is the most important aspect for futures trading having a good exit strategy? The answer is, of course, none of the above (however, having a good exit strategy is close).
When it comes to successful futures trading, the most important factor is money management. You still need to be savvy with fundamental analysis or chart forecasting, but what truly makes or breaks a futures trader is money management. Pinpoint money managing is required to handle the huge amount of leverage that comes with trading futures.