How do you make money trading futures?

Question

How do you make money trading futures?

Answer 1

Just like trading successfully any other product, you have to know what you're going.

There are four items you need to be a successful trading, for trading in any product

1 - A written sound trading/investment plan with rules that will not only help you but more importantly protect you, mostly from yourself.

2 - Sufficient trading/investment capital.  Use your own money, there’s no need to go into debt so that you trade/invest.

3 - A written money management program in place.

4 – A full and complete understanding of the rules & regulations of the industry.

Answer 2

Try an online tutorial and practice accounts.

Answer 3

http://tfc-charts.w2d.com/tafm/

Answer 4

There's like 5-6 pretty good money makers on http://getpaidtowebz.blogspot.com/ They're all legit, you don't have to worry about that, I've don 'em all myself. My personal fav is the cash crate one and there's a whole page on it. You only have to be 13 to sign up for most of them. You could also try eBay, I hear a lot of people have been successful with that. Best of Luck!

Answer 5

You will make money when your prediction is right.

Answer 6

Definitely u need to have thorough knowledge of stock market.Read related literature,visit nearest stock broker whenever he is free.i.e after trading hrs,ask a friend who is already into this.

In a nutshell,trading on futures is also like riding on sensex wave albeit differently

Answer 7

Buy low sell high and repeat.