Between "Options" and "Futures", I would say Futures is a better trading instrument, and easier to make money, but that could be just me because I have been able to grasp "futures" much better than "Options".
Options just appear too complicated to me as compared to Futures. In investing, we always have to KISS (Keep it simple stupid!) so that we can understand very well what we are getting/investing into.................
Showing posts with label trading. Show all posts
Showing posts with label trading. Show all posts
Thursday, September 4, 2014
Tuesday, August 19, 2014
Good trader only has 7-8 profitable trades out of 10
I would like to caution people reading my blog that while it seems easy to make a lot of money trading futures based on leverage, it is also just as easy to lose money.
My blog is not about "get rich quick" secrets because in real life there isn't any, but if you learn the necessary knowledge and skills of which I am sharing in my blog, you will be able to make reasonably good money from investment and trading (better than sloughing on a salary)....
To hammer back this point, I will show you a losing day. Still, if you master the trading trade well, you would be able to hit 7-8 profitable trades out of 10, and the sum of profits is much greater than the sum of losses........
My blog is not about "get rich quick" secrets because in real life there isn't any, but if you learn the necessary knowledge and skills of which I am sharing in my blog, you will be able to make reasonably good money from investment and trading (better than sloughing on a salary)....
To hammer back this point, I will show you a losing day. Still, if you master the trading trade well, you would be able to hit 7-8 profitable trades out of 10, and the sum of profits is much greater than the sum of losses........
Sunday, August 10, 2014
You want to make large profit of US$2,200 in a day from trading?
The other day, I shared with my friend my large profit from trading futures. You can see the attached a screenshot of one of my future trades statement, with a profit of US$2,200 in 1 day (or about S$2750). This is my trade on S&P 500 stock index futures (the e-mini S&P).
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Trading futures is 1 of the secret of the "get rich quick" (with disclaimer!) way of making large profits! However, if you can make as much, you may also lose as much!
From what I know, traders who are experienced and really good in their trade can make money from trading, but the psychological stress is very high! Many would choose to give up and take life easier once they have earned enough instead of continuing to play the high-risk highly leveraged trading game or they will wind down and do smaller trades to reduce their risks. Anyway, when a person is poor, there is nothing much to lose (other than declaring bankrupt), so some people think it is worth a shot at it.
.jpg)
Trading futures is 1 of the secret of the "get rich quick" (with disclaimer!) way of making large profits! However, if you can make as much, you may also lose as much!
From what I know, traders who are experienced and really good in their trade can make money from trading, but the psychological stress is very high! Many would choose to give up and take life easier once they have earned enough instead of continuing to play the high-risk highly leveraged trading game or they will wind down and do smaller trades to reduce their risks. Anyway, when a person is poor, there is nothing much to lose (other than declaring bankrupt), so some people think it is worth a shot at it.