Does your trading story read like mine? For the first twelve to fifteen years in the business, I read every book I could lay my hands on. I attended seminars and day trading courses, and invested in software programs to help devise my own "mother of all trading systems".
But what I did manage to develop was a smaller bank account. And I am not even complaining about the time I lost. Nothing worked; the books, seminars, programs, indicators, and most commodity trading software and systems are all limited in their use. They all trade behind the market movement.
What You Should Look For In A Good Commodity Trading System
What eventually matters is learning to read the price of the commodity you trade in. The truly successful traders make profitable calls, consistently, without using indicators or studies, often resulting in ten point trades and more. They call trades in real time and most entries are called well in advance of the market movement.
Make sure that the commodity future online trading system you rely on works under any market condition. Also, you should be able to use it for any future, commodity, or stock trading, including E-mini day trading.
What Future You Should Trade
My personal recommendation is to trade a future that allows you to day trade even if you're only an individual without much liquidity.
Any future will give you sufficient leverage and you have many to choose from - the same futures traded by large institutions. At the same time, it must not cost you the earth for a contract. Most importantly, it should not involve investing hundreds of hours in research, or employing stock screeners or revewing charts in every time frame.
You should be able to fill the contracts immediately, and the market should usually move favorably.
How A Good System Could Make All The Difference For You
A good system will teach you to read the charts like a book. Once you see such a system and understand it, you will wonder why you had never noticed it before; admittedly, it isn't easy to see unless it is pointed out to you. And when it is, a whole new world of trading opens up to you.
Day trading, which seems so complicated, can be very easy. You can have fun making great money in future system trading, without any of the stress and worry normally associated with day trading. It's all in knowing how to read the charts and if you learn enough, you can become a successful trader for the rest of your life.
As I told you at the start of this article, even my best day trading strategy only resulted in my losing money on the market. Until I found this program. It is not the Holy Grail, but it is the closest thing to it I have found.
How To Be Sure The System Is Really Good
There are a lot of commodity trading advisors who claim they have fool-proof commodity trading software. Always remember that the proof of the cake is in the eating. The next time you hear about a wonderful online future trading system, tell the vendors you want to look at their trading record.
How much money have they made on the open market, over a reasonably long time-span? Do their traders average ten points a day? Would they allow you to watch them call the market in real time in advance of the market movement with any level of accuracy? Would they give you a free trial?
If you venture into day trading online without having clear answers to these questions, you run the risk of losing your shirt, like I nearly did.