This article on Day Trading Chart Patterns is the opinion of Optimus Futures. Stats presented have not been verified across all Futures contracts, and should only provide a rough guide as a reference. 

• Reading trading patterns and being able to distinguish a solid setup from a fake one is critical to successful day trading and swing trading.
• When it comes to identifying “fake” day trading chart patterns, it’s not the patterns you should be looking at but the underlying conditions which can easily “turn” patterns from reliable to unreliable.
• To deal with disrupted patterns, it helps to know the odds with regards to failure rate, pullback rate, target success rate, and average return.

If you want to increase your odds in every trade, then you need to be

Read More

This article on Day Trading Futures is the opinion of Optimus Futures.

• Day trading futures is as much a mindset as it is a discipline.
• Developing day trading skills is as much a mental game as it is a matter of accumulating knowledge.
• Day traders respect “risk” and know it as intimately as possible, like a partner (whether it’s coming from the market, from oneself, or out of pure randomness).

Day trading is an advanced topic, especially when it comes to day trading futures (leveraged instruments that are inherently riskier than most non-leveraged assets). You should definitely know something about day trading in general, but you shouldn’t attempt to day trade futures on a consistent basis unless you feel you have the advanced skills, experience, and mindset to

Read More

This article on futures trading basics is the opinion of Optimus Futures.

As a futures trader, you know quite well that by trading any market, you are certainly not operating in a vacuum. In fact, you probably have more company than you think. But how large might this environment be, who are the other futures market participants, and what roles might these other participants play?

This is what we’re going to cover in this piece. Before you jump into futures trading, it helps to know the role of each futures market participant, not only to understand the various “nodal points” in a given trade, but also to glean information that might even serve to your advantage.

For instance, if the futures market experiences a negative event,

Read More