Can you make money consistently in future option trading? Is the CBOT Future really a place that you can profit day in and day out? Those are good questions and the answer is a resounding "Yes!" Yes, you can make consistently good profits in future option trading. Yes, the CBOT future is a place where you can make money day in and day out. You came here to find out what the biggest mistake traders make in future option trading. Here it is:
A lack of discipline is the absolute biggest reason why traders fail in future option trading. As a result of a lack of discipline, emotions get in the way and the result is disaster. What is needed is a trading system when it comes to CBOT future. Trading with a system does away with emotions from future option trading. If you don't have a strategy and you try to make decisions when the market is moving, you are bound to become emotionally attached to positions. Usually what follows is panic and indecision when the market does go your way, as you do not have a prepared response. That's when most CBOT future traders lose their money. If you follow a system you will know what to do no matter what the market does.
Th big question is: How do you learn to exercise discipline with future option trading? That is not an easy question to answer but can say that the cheapest and most direct route to consistent profits in CBOT future trading is accomplished by trading under someone. I am talking about getting a mentor or coach. If you know someone that has been successful in future option trading then I would advise getting under their wing and learning all that you can. If you do not have a coach currently you may want to click on the link below. They are offering a FREE coaching session with a professional team of CBOT future traders.
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