The 10,000 Hour rule, first proposed by Malcolm Gladwell in his book Outliers: The Story of Success, claims that the key to achieving world-class expertise in any given skill is a matter of practicing it for a total of around 10,000 hours.
Our latest podcast explores whether this 10,000 hour rule applies to futures trading.
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This material should be viewed as a solicitation for entering into a derivatives transaction. Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. The risk of loss in trading commodity interests can be substantial. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition.
The placement of contingent orders by you or broker, or trading advisor, such as a “stop-loss” or “stop-limit” order, will not necessarily limit your losses to the intended amounts, since market conditions may make it impossible to execute such orders. The high degree of leverage that is often obtainable in commodity interest trading can work against you as well as for you. The use of leverage can lead to large losses as well as gains. Optimus Futures, LLC is not affiliated with nor does it endorse any trading system, methodologies, newsletter or other similar service. We urge you to conduct your own due diligence.
If you are going to engage in any trading activity with Futures on Virtual Currencies including Bitcoin, please view NFA & CFTC advisories providing more information on these potentially significant risks.
