This article on Price Limits on Futures Trading is the opinion of Optimus Futures.

One of the most frightful scenarios for futures traders is getting caught in a position when markets move against them, limit up or limit down.

If this has never happened to you imagine the following scenario: You enter a short soybean futures position, shortly thereafter the market spikes limit up unexpectedly. Price limits are hit. The market stops trading.  There now is no way you can get out of your losing position and it is unknown when trading may resume and at what price.  When the market reopens, it immediately goes limit up again!

Read More

This article on trading psychology tips is the opinion of Optimus Futures.

In 2020, with work moved to the home office, many folks decided to try their hand at trading for the first time.

Ironically, most entered the market right at or near the bottom.

Suddenly, a large group of relatively inexperienced traders were made to believe they were market mavens simply through buy and hold strategies.

This line of thinking lead to many trading haphazardly until eventually most if not all of the money they had made disappeared through bad trading decisions.

After suffering loses, for

Read More

This article on day trading frequency is the opinion of Optimus Futures.

How often should you day trade futures? That all depends.

Is once a day good enough?

Is two dozen times too many?

Most beginners don’t think about day trading frequency. But they should.

Trading too much puts you at risk of taking low-probability setups. It also can lead to higher transactional fees which can also reduce profits.

Trading too little can also leave money on the table if high-probability setups are missed.

Today, we’ll explore the two main

Read More