How to Trade Futures - Interactive

-oo0(GoldTrader)

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Spam recieved today included an Interactive – “How to Trade Futures”, from the New York Board of Trade:

Of note: Advice for beginners
Winners
1. They seldom trade
2. Upside objective is seldom, if ever , capped.
3. Use the pyramid technique

It is interesting that the market that must make a significant proportion of their income from stop running wants you to place stops.

Use a Trading Plan
When you reach your objective, withdraw it.

Money Management
Reminiscences of a stock Operator, by Jessie Livermore
 

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In a nutshell......

-oo0(GoldTrader) said:
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It is interesting that the market that must make a significant proportion of their income from stop running wants you to place stops.
 
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