With the new Professional Futures class at Online Trading Academy we are focusing on a more broad Commodity Futures market. We cover different asset classes each day to allow traders the flexibility to trade markets that have potential profit opportunities. Just like the stock trader who only trades one or two stocks, there are also traders who only know how to trade the E-mini Stock Index Futures. While it is good to know your market you trade, this style of trading does not allow for proper diversification. Many times the markets you have chosen to focus on are not moving and you end up forcing a trade because you feel like you have to do something. This is also called a boredom trade where a trader places an order just to feel like they are being productive.
By having the knowledge we teach you about the other Commodity asset classes you will be able to scan across different markets from Grains to Energy and everything in between. The opportunities to find trades become abundant.
When a trader begins their career in Stocks they are instructed to learn how to interpret the trend of the Stock Indexes before they place individual Stock trades. In general as the overall Stock market goes the individual stocks go. Buying individual Stocks in up trends is much more profitable than when the overall market is in a downtrend.
The Commodity markets also have an index… Continue Reading
