Optimus Futures Trading Tips & Strategies: Recent Episodes
Optimus Futures
Listen to real, practical and implementable trading tips, ideas and strategies from experienced traders.
There is a substantial risk of loss in futures trading. Past performance is not indicative of futures results.
In this episode of the Optimus Futures Podcast, we explore how traders can turn the fear of missing out (FOMO) into potential opportunities. Learn strategies to stay disciplined, control emotions, and capitalize on market trends without falling victim to impulsive decisions.There is a substantial risk of loss in futures trading. Past performance is not indicative of future results. When considering technical analysis, please remember educational charts are presented with the benefit of hindsight. Market conditions are always evolving, and technical trading theories and approaches may not always work as intended. The placement of contingent orders by you or broker, or trading advisor, such as a “stop-loss” or “stop-limit” order, will not necessarily limit your losses to the intended amounts, since market conditions may make it impossible to execute such orders. The high degree of leverage that is often obtainable in commodity interest trading can work against you as well as for you. The use of leverage can lead to large losses as well as gains. Optimus Futures, LLC is not affiliated with nor does it endorse any trading system, methodologies, newsletter or other similar service. We urge you to conduct your own due diligence.
Discover the unconventional day trading principle that could potentially revolutionize your approach and may help you avoid catastrophic losses. In this episode of Everything Futures, we explore the inversion principle, a rarely used technique that challenges conventional wisdom and offers a unique perspective on risk management, emotional control, and strategy development.Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. The risk of loss in trading commodity interests can be substantial. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition.
In this thought-provoking podcast, we explore the fundamental conflict between our inherent DNA and the counterintuitive strategies required for success in the trading world. Join us as we delve into the concept of "trading human tendencies" and how our natural instincts often work against us in the market. We'll discuss the psychological challenges traders face, the importance of discipline, and proven techniques to overcome our evolutionary wiring. Discover how to rewire your brain for trading success and master the art of trading human tendencies. Tune in to gain valuable insights and strategies to help you navigate the complex world of trading.Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. The risk of loss in trading commodity interests can be substantial. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition.
This insightful podcast challenges traders' common tendency to seek explanations for every market move. We'll explore why this pursuit can be unproductive and how it can hinder your progress as a trader. Discover the importance of shifting your focus to the factors within your control, such as risk management and adaptability, to achieve long-term success in the markets.Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. The risk of loss in trading commodity interests can be substantial. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition.
This thought-provoking podcast is specifically tailored for individuals involved in futures trading, particularly those who are seeking the perfect trading method and are interested in psychological factors affecting trading outcomes. We will discuss the dangers of this pursuit and the importance of adaptability and accepting losses for potential long-term success in trading.Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. The risk of loss in trading commodity interests can be substantial. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition.
In this Podcast episode, we explore how different trading styles cater to diverse trader profiles and why it is important to align one's trading approach with individual personality traits, risk tolerance, and financial goals. In our discussion, we highlight the significance of research and analysis, risk management strategies, and the psychological aspects of trading. We underscore the necessity of a disciplined and informed approach, whether you are making rapid-fire decisions of scalping or engaging in patient analysis of position trading. We conclude by emphasizing the value of continuous learning and adaptation. The episode is a comprehensive guide for traders at any level seeking to find their unique path in the fast-paced trading landscape. It highlights the dynamic interplay between strategy, psychology, and personal growth in the quest for trading success.
This podcast episode delves into the critical practice of trade ranking in day trading. We explore its multifaceted importance, from enhancing risk management and decision-making to improving resource allocation and adaptability to market changes. By systematically categorizing and analyzing each trade, traders can gain valuable insights into their performance, refine their strategies, and develop long-term skills. We also highlight the psychological benefits of a structured approach, emphasizing the reduction of emotional decision-making. This episode is a comprehensive guide for traders to understand and implement trade ranking, ultimately leading to disciplined and more emotionally detached behavior. 'Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. The risk of loss in trading commodity interests can be substantial. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition.
Episode 123 of the Optimus Futures Podcast delves into the intricacies of becoming a successful day trader, emphasizing that the journey extends far beyond basic market knowledge. It underscores the importance of developing a comprehensive skill set, highlighting the often-overlooked aspects crucial for success in this field.Listeners will gain insights into the essential skills necessary for day trading, including understanding the market and analytical thinking, quick decision-making, and an ability to interpret complex data. The podcast stresses the importance of discipline, a key factor that separates successful traders from the rest. It explains how discipline in trading involves maintaining a strategic approach, managing risks effectively, and not succumbing to emotional decision-making, especially in high-pressure situations.Moreover, the episode provides practical tips and strategies for aspiring traders. These tips cover various aspects of day trading, such as setting realistic goals, developing a trading plan, and continuously learning and adapting to the dynamic nature of financial markets. The podcast also addresses common pitfalls and how to avoid them, thereby equipping listeners with knowledge to navigate the challenges of day trading.By listening to this podcast, individuals interested in day trading will understand that success in this field is not just about market knowledge. It requires a balanced approach, combining technical skills, psychological preparedness, and a disciplined mindset. The podcast aims to guide listeners on their journey to becoming proficient day traders by focusing on the comprehensive skill set and mental fortitude needed in this challenging yet rewarding field.Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. The risk of loss in trading commodity interests can be substantial. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition.
Stepping into the world of trading, every beginner is captivated by the prospect of making money. However, this podcast focuses on a crucial but often overlooked aspect: survival in the trading arena. It's not just about the gains; it's about staying in the game. Through this series, we delve into the strategies and mindsets that help a novice trader not just survive but thrive. We'll explore how building a solid foundation, understanding market dynamics, and developing essential trading skills are the true keys to long-term success. Join us as we guide you through the journey of becoming a resilient and skilled trader.Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. The risk of loss in trading commodity interests can be substantial. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition.
In this episode of the Optimus Futures Podcast, we explore the intriguing world of trading psychology and why traders remain loyal to failing strategies. We discuss the roles of cognitive biases, such as confirmation bias and overconfidence, and the pitfalls of misattribution and self-blame. Through an in-depth discussion, we provide actionable insights and a step-by-step guide on objectively assessing trading methods. We emphasize the importance of self-awareness, continuous learning, and adaptation. Join us as we navigate the complex interplay of strategy and psychology, aiming to empower traders to make more informed and rational decisions in their trading journey.Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. The risk of loss in trading commodity interests can be substantial. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition.
Today's topic is critical: understanding the difference between the 'possible' and the 'probable'. When introduced to the charts, many novice traders often see a world of endless opportunities. Each fluctuation, to them, represents a potential goldmine. But as many seasoned traders will tell you, only some opportunities are created equal. Trading isn't just about spotting opportunities; it's about discerning which of those opportunities are more likely to come to fruition. While it's tempting to get carried away by the sheer number of possibilities, the real art of trading lies in identifying probabilities. It's about using knowledge, data, and experience to separate fleeting trends from genuine market movements.Why is this distinction so vital? Simply put, trading based on possibilities can be a gamble. However, when you shift your focus to probabilities, you make informed decisions rooted in research and expertise.In this episode of the Optimus Futures Podcast, we'll guide you on differentiating between these two. We'll delve into strategies, share insights, and provide actionable tips to help you make more informed decisions in your trading journey. By the end of our discussion, we aim for you to recognize and prioritize the probable over the merely possible. Join us as we explore this foundational concept in trading.Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results.
In the realm of trading, while knowledge is pivotal, self-awareness is the master key that harnesses this potential. Enter the trading journal. Beyond merely cataloging your transactions, it offers a candid reflection of your cognitive journey, showcasing your decision-making acumen and trading discipline. We delve into the profound significance of a trading journal, providing insights on its initiation, upkeep, evaluation of past trades, and the iterative learning from these experiences. Whether you're a novice testing the market waters or a seasoned trader honing your tactics, the Trading Journal stands as your compass towards trading excellence. Embark with us on this voyage through the ever-shifting tides of the financial markets, fortified with our paramount instrument - the trading journal.Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. Trade at your own risk. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition.
Today, we venture into an intriguing facet of human behavior: the impact of memories on trading decisions. While trading may seem a domain dominated by data and strategy, our emotional and cognitive processes play a pivotal role, often under the surface. Traders, like all of us, possess a memory bank. Past experiences, both triumphant and challenging, influence their present choices. A previous successful trade might instill a sense of confidence, subtly nudging them towards a similar decision in the future. Conversely, a past setback might introduce a note of caution, even if the current data suggests a more assertive approach. However, the trading environment is ever-evolving. Relying solely on past experiences without analyzing the present context can be misleading. The challenge for traders is recognizing when past memories are beneficial lessons and when they're merely emotional reactions that could cloud judgment. In this podcast, we'll delve into the cognitive processes at play for traders. We'll discuss the balance between learning from past experiences and staying receptive to new information. We'll also touch on strategies to foster self-awareness, ensuring memories inform rather than dominate decisions.Join us as we explore the nuanced interplay of memory, emotion, and decision-making in the trading world, all through the lens of human behavior and psychology.Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. Trade at your own risk. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition.
Trading by gut instinct seems tempting but is a path to ruin. In this episode, we dive deep into why traders must resist seductive intuition and instead cultivate intentionality.We’ll explore how intuition is powered by biased mental shortcuts that undermine judgment. Relying on hunches encourages sloppy thinking and a lack of accountability. Intuition seeks easy answers, while trading demands hard truths. You’ll learn that markets are too complex for basic intuition to grasp. Prices reflect countless variables beyond gut-level recognition. We’ll discuss high-profile disasters fueled by intuition gone wrong.Discover how to override intuition with research, statistics, and defined rules for executing trades. Key strategies include creating a trading plan, setting stop losses, documenting trades, and obtaining feedback.We’ll talk about how emotions like fear and greed amplify destructive intuition-based choices. You’ll get tips for checking emotions and making diligence a habit.This episode will convince you why successful trading requires ignoring flashy intuition and instead committing to intentionality, discipline, and probability-based strategies. Tune in to enhance your trading mindset and results!There is a substantial risk of loss in futures trading. Past performance is not indicative of future results. Trade only risk capital.
To be successful, traders should steer clear of using excessive leverage "just in case." This is because it can magnify both the potential for profit and the risk of loss. Without a solid trading plan in place, the risk of loss becomes more pronounced. Ultimately, success in trading is all about maintaining a disciplined approach, rather than relying on luck.When we engage in "just in case" thinking, we allow our emotions to influence our decisions, which can hinder logical and effective risk management when trading futures for profit. This approach is unreliable and can result in uncontrollable outcomes, as risks are chosen impulsively rather than through a strategic plan. Although haphazard betting may yield some gains, the losses that follow can far outweigh any unearned profits.To make the most of leverage, it's important to follow a sensible approach. Traders can improve their skills by practicing with caution and avoiding impulsive risk-taking without proper planning and evaluation. It's better to make conscious decisions about the risks they take, rather than letting the risks control them.Experienced professionals understand that taking risks without a clear purpose can lead to negative outcomes. Instead, they focus on building a solid method through careful planning and setting risk limits. They prioritize steady progress over quick rewards, and make trades with a long-term perspective, considering probability rather than relying on sudden strokes of luck that can quickly disappear.Having control is essential for being flexible. The belief that we can plan for every possible scenario, also known as "just in case," is misleading. It can result in poor decision-making and a cycle of chasing losses from one bad choice to another. True success is achieved through evaluation, adjustment, and learning from failures while planning for the future.There is a substantial risk of loss in futures trading. Past performance is not indicative of future results. Trade only risk capital.
Discover the 5 psychological biases that impact our trading performance. By being aware of these biases, we can avoid emotional pitfalls and maintain a stable emotional state while trading.Trading requires a combination of skill, knowledge, and emotional discipline. While we may spend a lot of time honing our strategies and technical skills, we often overlook the psychological aspects of trading. Our emotions and biases frequently get the better of us, even when we have a well-researched trading plan.We invite you to listen to this podcast, where we delve into the emotional pitfalls that traders may encounter.Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. The risk of loss in trading commodity interests can be substantial.
Day traders closely monitor news events that can shake up the markets and spark trading opportunities and risks. This podcast covers five major events that move markets: Federal Reserve interest rate decisions, the monthly jobs report, inflation data, GDP announcements and geopolitical crises.The Fed's rate decisions influence markets through their impact on interest rates, the dollar and inflation expectations. The jobs report signals the health of the labor market and economy. High inflation can force the Fed's hand and rattle markets. Strong economic growth boosts markets while weak GDP stokes fears of recession. Geopolitical turmoil introduces uncertainty and risk, often prompting sharp price drops as traders rush to safety. Savvy day traders stay on top of expectations for each news event by checking futures markets ahead of time. Be ready to act quickly as computer trading causes volatility once the news hits. Even small surprises can spur big market swings, which traders can take advantage of if prepared. Don't assume initial reactions will last, however. Once the dust settles and emotions fade, the impact could potentially lessen.Do research to know what details to focus on for each news report. There is a substantial risk of loss in futures trading. Past performance is not indicative for future results. Trade only risk capital.
Welcome to our latest podcast episode about the five myths that amateurs believe about day trading. Day trading has gained immense popularity in recent years as more and more people look to make a living from the financial markets. However, the world of day trading is often shrouded in misconceptions and myths that can lead to poor decision-making and financial losses. In this episode, we will delve into these myths and provide valuable insights and strategies to help you gain a realistic perspective of what it takes to be a successful day trader. By having a clear and realistic view of the day trading landscape, you can potentially gain an advantage over others and be better prepared to navigate the challenges and opportunities that come your way. There is a substantial risk of loss in futures trading. Past performance is not indicative of future results. Trade only with risk capital.
Delve into the thought processes that shape the decision-making of amateurs and professionals.Discover how their perspectives on risk, opportunities, and market dynamics influence their trading outcomes. There is a substantial risk of loss in futures trading. Past performance is not indicative of future results.
Join us for the latest episode of the Optimus Futures Podcast: 'The Imperfect Trader: Navigating the Financial Markets'.Our aim is to empower new traders by dismantling the myths that surround trading perfection. We'll explore the nature of trading and the unpredictable financial markets, emphasizing the futility of chasing an elusive perfect trade and the detrimental impact it has on a trader's mental state and overall performance. We'll also clarify the common misconceptions about technical indicators, highlighting the importance of understanding their purpose, strengths, and limitations. We'll share inspiring stories of successful traders who found their stride by developing their unique trading style and refining their skills. Our focus is on continuous learning, trial and error, and incremental progress. We'll emphasize the importance of a growth mindset, where new traders should focus on understanding the markets, experimenting with different strategies, and continually learning from trading experiences.We'll also address the 'perfection mindset' and how traders can overcome this limiting perspective by trusting their instincts. We'll stress the value of embracing the imperfect journey of trading, where success is not straightforward, but a marathon filled with highs, lows, successes, and failures.Learn to navigate the market's uncertainties with confidence, resilience, and a growth mindset. There is a substantial risk of loss in futures trading. Past performance is not indicative of future results.
In this episode of the Optimus Futures Podcast, we delve into the critical yet often misunderstood concept of position sizing in trading. Understanding and managing position sizing and leverage are essential for successful trading, and we break it down for you in a way that's relatable and easy to understand.Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. The risk of loss in trading commodity interests can be substantial.We kick off by discussing the deceptive nature of leverage, debunking the myth that it is a gift for traders. In reality, leverage can be a double-edged sword, potentially magnifying losses as well as profits. We emphasize the importance of treating leverage with respect, starting small and gradually increasing positions to maximize profitability while effectively managing risk.Next, we take a deep dive into how to tailor position sizing and leverage to reflect the level of confidence you have in a particular trade. We discuss how traders can adapt their strategies depending on market conditions and the varying odds of different trade setups.A significant part of the episode is devoted to the importance of reviewing your trading history. We discuss how a detailed analysis of past trades can help identify high-probability setups, guiding your decisions on when to use more leverage or take a larger position size.This episode is a must-listen for traders of all levels, particularly those who are new to the trading world or struggling with managing risk effectively. Join us as we equip you with valuable insights to help you build a sustainable, long-term trading career!There is a substantial risk of loss in futures trading. Past performance is not indicative of future results.
The importance of preparation and planning in trading cannot be overstated. Successful traders understand that careful analysis, strategic decision-making, and meticulous attention to detail are the cornerstones of consistent performance. By dedicating time to crafting a well-thought-out trading plan, traders can mitigate risks, capitalize on opportunities, and make informed decisions based on their unique goals and risk tolerance. In an ever-changing market landscape, a solid foundation in preparation and planning is essential to navigating challenges in the world of trading._____________________________________________________________________________________Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. The risk of loss in trading commodity interests can be substantial. An investor could potentially lose all or more than the initial investment. All traders should use ONLY risk capital. Risk capital is money that can be lost without jeopardizing an individual's financial security or lifestyle. Only risk capital should be used for trading, and only those with sufficient risk capital should consider trading. Trading is not a consistent income-producing vehicle.
This podcast delves into the intricate psychology behind successful trading. We will investigate the reasons why traders frequently encounter impulsive behavior and decision-making difficulties and provide practical solutions to overcome these obstacles. Additionally, we will share valuable insights and practical advice to help you maintain a composed and focused mindset, regardless of whether you are dealing with short-term market fluctuations or long-term trends. Together, let us embark on a journey towards self-mastery and explore the psychology of trading discipline._____________________________________________________________________________________Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. The risk of loss in trading commodity interests can be substantial. An investor could potentially lose all or more than the initial investment. All traders should use ONLY risk capital. Risk capital is money that can be lost without jeopardizing an individual's financial security or lifestyle. Only risk capital should be used for trading, and only those with sufficient risk capital should consider trading. Trading is not a consistent income-producing vehicle.
As a trader, your mind can be your best friend or your worst enemy. Our brains have certain biases that can affect our trading decisions. Let's explore some of the most common biases and how to overcome them._____________________________________________________________________________________Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. The risk of loss in trading commodity interests can be substantial. An investor could potentially lose all or more than the initial investment. All traders should use ONLY risk capital. Risk capital is money that can be lost without jeopardizing an individual's financial security or lifestyle. Only risk capital should be used for trading, and only those with sufficient risk capital should consider trading. Trading is not a consistent income-producing vehicle.
In Episode 106 of the Optimus Futures Podcast, Matt Zimberg explains how better forecasters think and how it can lead to potentially better decision-making in trading.
TRADING FUTURES AND OPTIONS INVOLVES A SUBSTANTIAL RISK OF LOSS AND IS NOT SUITABLE FOR ALL INVESTORS.
The Pareto principle states that roughly 80% of consequences and outcomes result from 20% of all causes for any given event, otherwise known as the "vital few". This principle is also known as the 80-20 rule.
In our first podcast of the year 2022, our host Matt Z breaks down the 80-20 rule (Pareto Principle) and discusses how traders can prioritize what's important so they can focus on the critical 20% of their trading that can potentially help produce 80% of their results.
Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. The risk of loss in trading commodity interests can be substantial. An investor could potentially lose all or more than the initial investment. All traders should use ONLY risk capital. Risk capital is money that can be lost without jeopardizing an individual's financial security or lifestyle. Only risk capital should be used for trading, and only those with sufficient risk capital should consider trading. Trading is not a consistent income-producing vehicle. Any discussions of trading results should always and under all circumstances be assumed hypothetical. This includes method and results. Any adaptations of trading methods should be done at your own risk.
Trading is both emotionally and psychologically strenuous on one's mental health.
In Episode 104 of the Optimus Futures Podcast, our host Matt Zimberg discusses the hardships of trading, points of weakness, and how traders should navigate this space when they are most susceptible to potentially losing money.
Jared Tendler is a leading mental game coach for athletes, poler players, and traders.
In our latest interview, we talk about how his background ties into trading psychology, what characteristics make up a successful trader, how to overcome your crosshairs, routines, develop daily habits, best practices, journal tracking, and move from aper trading to actual trading.
TRADING FUTURES AND OPTIONS INVOLVES SUBSTANTIAL RISK OF LOSS AND IS NOT SUITABLE FOR ALL INVESTORS. THE USE OF STOP LOSS OR CONTINGENT ORDERS MAY NOT PROTECT PROFITS OR LIMIT LOSSES TO THE AMOUNT INTENDED. CERTAIN MARKET CONDITIONS MAY MAKE IT DIFFICULT OR IMPOSSIBLE TO EXECUTE SUCH ORDERS. PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.
When it comes to trading, overcomplicating a method or strategy can potentially be detrimental to one's success.
In the latest episode of The Optimus Futures Podcast, our host Matt Z discusses the concept of "Less is More" in trading and why traders should carefully consider whether adding more is beneficial to their long-term success.
The financial markets are constantly evolving and changing over the course of time.
In this episode of the Optimus Futures Podcast, our host Matt Z discusses the approach traders should take when navigating through these everchanging markets. We break down navigating through competition, natural selection, and seasonality in the markets.
Jack Schwager, an industry expert in futures trading and author of the book: Unknown Market Wizards, sits down with the founder and CEO of Optimus Futures, Matt Zimberg, to discuss the habits, methods, and ways trading professionals evolve to become full-time traders.
What is it like to become a full-time trader, and how do you trade when you are on your own? What are the habits, routines, and mindsets of professional traders? Jack Schwager sheds light on these common questions while reviewing his experience with the traders in his recent book: New Market Wizards.
When used incorrectly, the use of leverage in futures trading can create poor habits and be catastrophic to one's account.
In episode 99 of the Optimus Futures Podcast, we discuss the "Just In Case" Syndrom in futures trading, what exactly this means, and how to avoid it.
Discipline is one of the most important factors to any successful trader.
Even with the implementation of auto-liquidation features and software handling risk management, a non-disciplined trader may override such implementations and go against grain. In this episode of the Optimus Futures podcast, we breakdown and discuss why machines and software can't fix your trading discipline.
Mistakes are inevitable in the trading world. These mistakes can range from emotional, practical, lack of understanding, and much more.
Eliminating all your mistakes at once is very difficult and it typically takes practical experience to learn from them. In this podcast, we discuss one of the biggest newcomer mistakes and how to deal with it: Trading for money versus trading the actual market.
With the rapid advancement of technology in the past 50 years, trading has followed suit and rapidly improved as well.
Although trading has dramatically changed in the last century, advice given nearly 100 years ago stands today! In episode 96 of The Optimus Futures Podcast, our host Matt Z discusses advice given by a professional trader nearly 80 years ago and how it applies in today's markets.
Regardless of the results, both successful and non-successful traders are encountering the same market conditions and odds stacked against them.
In episode 95 of The Optimus Futures Podcast, our host, Matt Z, breaks down why successful traders only talk about their method and whether they deviate from it.
Although cliché, the phrase "Patience is a virtue" reigns true in most facet's of life.
When it comes to trading, however, impatience, may be considered a virtue to some as well. In episode 94 of The Optimus Futures Podcast, we discuss the benefits of patience and impatience in trading!
In times of adversity, some traders act on impulse and do things they normally wouldn't.
In episode 93 of the Optimus Futures Podcast, our host discusses the nature of traders and why some traders may do things that are completely outside of their typical habits.
At some point in their trading career, most traders reach a point where they go through an internal debate on whether or not they should drop their trading system and find a new one.
In episode 92 of The Optimus Futures Podcast, our host Matt Z discusses the importance of staying flexible as a trader and how to improve on your existing trading system rather than completely scrapping it.
How does a Self-Directed trader compare to Wall Street?
There has been a recent narrative promoted on several forums revolving around the self-directed trader versus Wall Street. This narrative may be leaving a negative psychological impact on traders and we give our thoughts on the subject in this episode of The Optimus Futures Podcast!
In trading, you may periodically do things outside of your comfort zone or character. The key is to stay humble, not arrogant.
In episode 90 of The Optimus Futures Podcast, we provide traders with a "trick" or "brain exercise" in order to help them potentially avoid catastrophic mistakes down the line. and improve their decision making.
There are no guarantees in trading. Trading is not easy, involves substantial risk of loss and is not suitable for all investors.
In this podcast, we discuss the probability of making it as a trader and the steps you can take to potentially improve and become successful.
Is Trading an Art or Science?
When it comes to trading, there are many opinionated views on whether it should be treated as an art or science. In this podcast, we take a look at both sides of the argument and give our take on what category trading falls under.
Can a good trader adopt any trading method or strategy they want? Or do specific trading methods work better for certain individuals?
In episode 87 of the Optimus Futures Podcast, our host Matt Zimberg breaks down the process of choosing a trading method that's right for you and different factors to consider when choosing one.
The process one takes to become an athlete is very similar to one of an experienced trader.
Through repetition, practice, and theory athletes and traders alike have the ability to conquer their performance anxiety and overcome their fear. In this podcast, we discuss multiple variables that can potentially help traders overcome their trading anxiety and stay positive in various situations.
Traders are obsessed with the understanding of "why" in the markets. Most traders have a deep infatuation with understanding why price action moves the way it does and what affects it.
In episode 86 of The Optimus Futures Podcast, our host Matt Z debates why traders should verge away from the obsession of "why" and discusses other factors that can be used to potentially help your understanding of the market.
The word "Edge" is often used in the trading community. What does having an "Edge" really mean?
In episode 85 of The Optimus Futures Podcast, our host Matt Z breaks down the meaning of "having an edge" and what the difference between a market and trading edge is.
In the second part of our multi-part podcast, we finalize the discussion on our definition of trading.
Found out in Episode 84 of The Optimus Futures podcast what our definition of the trading business is and how an individual should approach the markets.
What is your definition of trading?
Each trader has their own mentality and thought process when it comes to trading, not every individual approaches the market in the same manner. In this two-part episode of the Optimus Futures podcast, we cover our thoughts on the definition of trading.
Many Futures traders, especially newcomers, are typically discouraged by the use of stop losses. In reality, getting stopped out is typically more beneficial to the trader in the long run rather than getting stuck in a losing trade.
In episode 82 of the Optimus Futures Podcast, we discuss the differences between being stopped out compared to being stuck in a trade and why using stops, in the long run, can potentially help traders.
The placement of contingent orders by you or broker, or trading advisor, such as a “stop-loss” or “stop-limit” order, will not necessarily limit your losses to the intended amounts, since market conditions may make it impossible to execute such orders.
There are a number of different factors that can have an effect on the market. Ultimately, no one can predict or expect something from the future and the slightest event can have a huge impact on the state of the market.
Futures trading highly relies on probabilities and statistics. Understanding your probabilities, statistics, and being flexible with your trades is one of the many keys to success when trading Futures.
The trading industry has gone through quite a wild ride during the recent r/WallStreetbets and $GME craze. In reality, this was nothing new and the market has seen several "bubbles" in the past.
In the latest episode of the Optimus Futures Podcast, our host Matt Z discusses his thoughts and what he learned from the recent WallStreetBets and $GME saga.
Recorded from Matt Z's Futures Trading Workshop held on 2/04/21, Matt Z and several participants discuss factors to consider when choosing a time frame to use when trading futures. Gain insight from real, experienced traders in our weekly webinar series.
The size of your trades dictates your psychology, success or lack of success of your method and your staying power in any given transaction.
Recorded from Matt Z's Futures Trading Workshop held on 1/28/21, Matt Z and several participants discuss the importance of contract size in futures trading. Gain insight from real, experienced traders in our new weekly webinar series.
Those who influence you have long-term implications for your success.
In this podcast, we discuss the importance of choosing where you gather your information from and who you allow to influence you in the trading world.
Although a trading method can last for a very long time, it's ultimately up to the state of the market as to whether or not it will remain successful.
There are a number of things that can be considered as a factor when it comes to the changing of a method or the tweaking of a system within a method, but ultimately, adopting a trading method is challenging.
In this podcast episode, we discuss trading methods and systems and how long they can typically last. At some point, a method may require changes depending on the state of the market.
Trading methods and strategies take time to develop. They aren't established overnight.
A trader must implement positive habits and enforce discipline in their trading. In this episode of the Optimus Futures Podcast, we discuss the importance of sticking to a trading method and staying patient with its results.
With so much information readily available today, it is not always so easy to find helpful information that is both well-grounded and tested.
In this episode of the Optimus Futures Podcast, we provide perspective on how an individual should develop themselves as a trader. We'll ask a series of questions in an "interview style" format that can help you grow as a trader.
Time is one of the most important factors in trading.
The timing of when you place your trades, whether it be during a particular time throughout the day or during a major news event such as an election, has a tremendous outcome on the potential outcome of that trade.
In this episode of the Optimus Futures Podcast, we discuss the importance of time in trading and how it can possibly impact your account.
From a risk perspective, it is extremely important for Futures Traders to consider the notional value of a contract rather than the market value.
In this episode of the Optimus Futures Podcast, we discuss the importance of understanding the actual size and value of a Futures contract. Futures contracts are highly leveraged, which means a small investment essentially controls a large amount of notional value. More leverage is not always a benefit. A small market movement can have a large impact, positive or negative, on your account's P/L.
TRADING FUTURES AND OPTIONS INVOLVES SUBSTANTIAL RISK OF LOSS AND IS NOT SUITABLE FOR ALL INVESTORS.
Regardless of the style you choose to adopt for your trading, it is extremely important to find a method within that style of trading that suits your nature as an individual.
In this episode of the Optimus Futures Podcast, we discuss the importance of finding a unique method and decision making style for your trading and what factors you need to consider when searching for one.
Trading is always evolving and changing. Over the last 20 years, we've seen a tremendous change in this industry and things will likely continue to change as time passes by.
In this episode of the Optimus Futures Podcast, we discuss what it takes to be a full-time trader and why you should always be trying to learn and adapt with the markets as they evolve over time.
The trading industry is highly opinionated. There is plenty of information out there, but not all of it is backed up by real trading experience.
In this episode of the Optimus Futures Podcast, our host Matt Z dissects an email he got about trading and shares practical insight into what you should and shouldn't listen to regarding trading advice.
You're just as good as your last trade. Regardless of your prior growth, staying consistent with your trading and maintaining steady growth is not an easy task.
In this podcast episode, we discuss why it's so hard to be profitable and stay profitable. Along the way, we'll provide some insight into the mentality and dedication it takes to become a consistently profitable trader.
A bad trading day can happen to any trader, experienced or not. What's most important is how you handle this big loss and how you restructure your trading moving forward.
In this episode of the Optimus Futures Podcast, Matt Z talks about the experience of a bad trading day and how you recuperate as a trader, both strategically and mentally.
From a risk management perspective, the size and quantity of your orders are one of the most crucial aspects of your trading.
In this podcast episode, Matt Z tries to provide a new perspective on your trading and why you should consider the size of your trades and be selective with your opportunities moving forward.
What may have happened in the past does not reflect what will happen in the future.
There is more to trading than trying to predict the markets. In reality, the markets are nearly impossible to predict. In this podcast, Matt Z talks about the uncertainty in the market and why it's better to predict your risk-reward ratio rather than the movement of the market.
Discretionary and automated trading both take a tremendous amount of discipline.
Although automated trading may be more "hands-off" compared to discretionary trading, both leave a huge impact on the trader's psychological state and require precise decision making.
In this episode of the Optimus Futures Podcast, we discuss the differences between discretionary and automated trading and why switching from one style to the other may not be as simple as it seems at first glance.
Different aspects of life require their own understanding and interpretation of logic. One of them is trading.
In this podcast, we discuss why trading does not follow traditional logic and why it needs to be approached with a unique mindset.
Less is more. That which is simplified is often better understood and more appreciated than what is more complicated.
In episode 62 of the Optimus Futures Podcast, we discuss why it is important to keep your trading simple and minimalistic when it comes to decision making.
There is a fine line between arrogance and self-confidence.
As we have discussed before on the Optimus Futures Podcast, letting yourself become too arrogant while trading is not a good recipe for success. No matter how much success a trader has had in the past, it is always important to remain humble and take one trade at a time.
The cost of regret and doubt are two psychological barriers that many traders face on a daily basis, yet are extremely difficult to overcome.
Besides the strategic planning that it takes to be a successful trader, traders must be willing to overcome regret and doubt in order to make it to the next level. In this podcast, we discuss how to overcome such barriers in order to improve your trading.
News events typically leave a huge impact on the markets. Now that it has been announced that Donald Trump has COVID-19, there is plenty of uncertainty as to what might happen with the market.
In this episode of the Optimus Futures Podcast, we discuss how traders should approach their trading now that Trump has COVID-19 and how to prepare for such large news events.
A realistic view of the challenges that trading presents is one of the best ways to prepare yourself for potential success as a day trader.
The story you tell yourself and the expectations you set for yourself must be realistic when it comes to the market. The further away your expectations are set compared to the actual reality of what it takes to be a day trader typically leads to struggles at the beginning of one's career.
In this podcast, we discuss the "story you tell yourself" about trading and how to approach the market with realistic expectations.
You cannot change the past. When it comes to trading, you cannot let what happened in the past affect present day actions or your life in the future.
As we discussed in the last podcast, success can lead to arrogance which in turn, can lead to false confidence and failure down the line. Take one trade at a time, whether its a winner or a loser. Learn from your past rather than dwell on it.
No matter how much success a trader has had in the past, it is always important to remain humble.
This episode of the Optimus Future Podcast touches on the Monopoly Experiment which was conducted at the UC Berkeley campus. The experiment involved the secret recording of multiple rigged games of monopoly in which one randomly-chosen player in a randomly selected group was given certain advantages over others.
We discuss how this experiment applies to traders and how success can lead to arrogance, which in turn, can potentially lead to failure down the line due to false confidence.
As a day trader, you should not get your mentality and mindset mixed up with those of a long-term investor.
Most day traders typically stick with shorter time frames, but when breaking news is announced that is slightly related to the market an inexperienced day trader is taking part in, a shift in mindset takes place and it typically throws them off the rails.
The following podcast is a discussion on the mindset a day trader should have and how to not misinterpret specific trends as a short term trader.
Trading is NOT easy.
Many traders will make a mistake and often attribute it to their level of intelligence or IQ. In reality, even the best traders make mistakes.
In this episode of the Optimus Futures Podcast, we touch on how to handle trading mistakes and learn from them in order to make yourself a better trader.
Decision making is one of the most crucial components of trading. When emotion is involved, decision making becomes that much harder.
In this podcast, Matt Z discusses intuition and whether or not you should follow your gut instinct while trading.
When most people think of the trading industry, they think of the flashy cars, nice suits, and the potential profits that can be made.
Most people don't consider the extreme dedication, mental fortitude, or risk management that it takes to become a successful trader. In episode 52 of the Optimus Futures Podcast, Matt Z describes the gritty aspect of trading and what it actually takes in order to make profits in this line of business.
Organization is crucial to success.
Some of the most successful traders are those who keep themselves organized and preplan before they begin their trading sessions. In this podcast, Matt Z discusses the crucial role that preplanning plays in the success of your trading.
Stop focusing so much on other traders.
With information being so readily available online, traders have become obsessed with finding the next "big thing". Gossiping online about new indicators, methods, strategies, etc. rather than focusing on themselves and refining their own trading style.
In this episode of the Optimus Futures Podcast, Matt Z proposes why you should stop joining in on gossip in the trading industry and focus on yourself instead to improve your trading.
Many traders seem to have an odd fascination with the word "Edge".
There's an ongoing search with traders trying to find their "edge" in order to give them some sort of potential advantage in the market. In reality, these traders need to stick with the basics and find a successful method that works for them and their trading style. There is no true edge that lasts forever.
Developing and testing a Trading Method can take years to successfully implement.
There are better ways than others of testing a new trading method and implementing a new strategy. In this video, our host Matt Z defines the stubborn amateur's way of testing a new trading method compared to the approach of a seasoned trader implementing a new method.
Addictive tendencies are a huge obstacle to overcome when it comes to all aspects of life.
Many times, traders will recognize a bad trade before entering a position, but due to factors such as addiction, false confidence, or losses on the day, they will end up taking this trade anyway.
In this podcast, our host Matt Z talks about the addictive tendencies of trading and how to prevent a mistake and the steps you should take before it even occurs.
Decision making is one of the most crucial aspects when it comes to being a successful trader.
In reality, the decision making process starts before you even make your first trade. Decision making starts when looking for a compatible trading software for you and your trading style.
In episode 46 of the Optimus Futures Podcast our host, Matt Z, discusses the importance of finding a trading software that suits your needs and personal preferences.
The reality is all traders have made mistakes at some point in their careers.
What defines a successful trader is the ability to analyze a small mistake as it occurs, correct it, and move forward with your newfound experience in order to avoid an avalanche of errors down the line.
In episode 45 of the Optimus Futures Podcast our host, Matt Z, discusses trading mistakes and how to deal with them rather than try and recover from those losses making things worse in the long run.
The trading industry has changed quite a bit over the last 30 years.
What once required traders to gather in the Pit and call their orders by Open Outcry, now allows those same traders to sit behind their desk in the comfort of their own home and place those some orders.
There is still a lot of information that can be taken from the "Pit Trading days". Listen to Episode 44 of the Optimus Futures Podcast to learn from our host, Matt Z, on why you should enter your trades early and what lessons you can take from the Old Pit Guys.
We've all seen the Ads and Paid Promotions from "Trading Gurus" out there trying to promote their product, service, or themselves as the next big thing. In reality, are these gurus worth listening to?
Tune in to Episode 43 of the Optimus Futures Podcast to find out whether or not these trading gurus are a waste of time or actually offer sound advice.
Our dogs actually good traders? Or have we lost our minds?
Tune in to Episode 42 of the Optimus Futures Podcast to find out why dogs make the best traders!
There is a common theme among new Futures traders, mistakes and failure. That being said, there is nothing wrong with failing and success takes time!
The following episode of the Optimus Futures podcast covers common mistakes that traders make and addresses the issue of why most new futures traders fail.
Transitioning to full time trading and quitting your job to do so is a daunting task that can leave a trader with a load of uncertainty.
Episode 40 of the Optimus Futures podcast discusses the pros and cons of becoming a full time trader and tackles the topic of whether or not it is worth quitting your job in order to achieve your goal of becoming a full time trader.
Getting to the top of any challenging profession or career takes dedication and effort that the average person isn't willing to put forward.
Episode 39 of the Optimus Futures podcast tackles the topic of what the top 1% of successful Futures traders do and what it takes to become one of the best in such a competitive industry.
The 10,000 Hour rule, first proposed by Malcolm Gladwell in his book Outliers : The Story of Success, examines the factors that contribute to high levels of success and the time it takes to achieve such a level of expertise.
The following episode of the Optimus Futures podcast explores the 10,000 hour rule and whether or not it is applicable to futures trading.
Are you satisfied with your progression as a trader? Are you a better trader today than the day you got started? If not, maybe it's time you reestablish your trading goals, formulate a trading plan, and execute a trading method.
This podcast covers the industry’s shift towards a commission free trading model for stocks, how the big brokerages are really making money, and if it has any impact on futures traders.
Join the discussion in our Community: What is the difference between a futures broker IB and an FCM? https://community.optimusfutures.com/t/what-is-the-difference-between-a-futures-broker-ib-and-a-fcm/1683
For more on the differences, watch this video: FCM vs. IB: The Difference Between Futures Clearing Merchants and Introducing Brokers: https://www.youtube.com/watch?v=LAOw3tYp6Sc
Clinical psychologist, trader and author of The Psychology of Trading, Brett N. Steenbarger, Ph.D. joins the Optimus Futures Podcast and has a discussion with Matt Z about trading psychology, the mental game of trading, and decision making.
Dr. Steenbarger's Books: https://www.amazon.com/Brett-N.-Steenbarger/e/B001IGSOBM%3Fref=dbs_a_mng_rwt_scns_share
Dr. Steenbarger's blog - TraderFeed: http://traderfeed.blogspot.com/
Dr. Steenbarger's recent blog book - Radical Renewal: https://leadingrenewal.blogspot.com/
Sticking to a plan and using forms of analysis in order to meet criteria is one way to potentially increase your trading profits.
Episode 33 of the Optimus Futures Podcast tackles the topic of increasing your profits and improving your trading through the means of developing criteria, creating a plan, and focusing on quantitative & qualitative analysis.
Whether traders are conscious of it or not, psychology and one's inner thoughts play a huge role in the world of trading and their mentality towards the markets.
Episode 32 of the Optimus Futures Podcast tackles the mental game of trading. In this episode we dive into the decision making process, how to handle losses, self-sabotage, and much more.
Nothing compares to having real, practical experience, especially when it comes to trading. Refrain from adopting everything you see off of the internet, filter out and ask the right questions to find practical material that can help you.
In Episode 31 of the Optimus Futures Podcast, we tackle the topic of simplicity and gaining practical knowledge through actual experience and having skin in the game
There are numerous factors that play a role into how much you can make as a day trader. Things such as leverage, account size, and method all have their roles in this equation.
This episode of the Optimus Futures Podcast will take a realistic approach into how much the average day trader can make on an ongoing basis.
There is an overwhelming amount of information and resources available through the internet, some of which, is not always applicable and can potentially steer newcomers in the wrong direction. Stay diligent and always do your own preparation before falling into negative influences.
Episode 29 approaches the topic of influence, behavioral biases and how to avoid them in the world of trading.
Losing money is often emotionally challenging for newer traders, typically resulting in a negative mindset and a nervous approach to trading.
Revenge trading is not an appropriate reaction in times of losses nor should a trader fall into a negative state of mind during such a period. Listen to Episode 28 for advice on how to recover from your trading losses and most importantly, avoid revenge trading at all costs.
Trading failures, as discouraging as they can be, are essential to the building blocks of becoming a potentially successful trader.
This podcast explores the idea of using your past trading mistakes as a mechanism by which you learn through experience how to trade more confidently.
When it comes to order execution, many beginner traders hesitate to pull the trigger when an opportunity presents itself.
Episode 26 of the Optimus Futures Podcast provides insight to those traders who encounter fear and indecisiveness when executing their orders. Listen to this episode for advice on how to overcome the fear of order execution and most importantly, learn to think slow and execute fast when a trade opportunity presents itself.
Increasing the size of your trades in efforts to make larger returns is something that every trader faces as they grow their account size and become more successful.
In episode 25 of the Optimus Futures Podcast, host Matt Zimberg offers practical advice to the audience on how to safely, effectively, and gradually increase the size of their trades over a period of time.
In Episode 24 of the Optimus Futures Podcast, co-founders of Edgewonk Trading Journal and Tradeciety, Rolf Schlotmann and Moritz Czubatinski, join Matt Zimberg in the Optimus Studio for a second podcast session.
Matt surprises trading pros Rolf Schlotmann and Moritz Czubatinski with a list of questions that they had not prepared for. Listen to the podcast to hear a genuine discussion from seasoned traders as they chat about futures trading methods while sharing tips and advice on how to improve your own trading habits.
Mistakes and failures are part of the learning curve when it comes to trading. Without such trials, it would be impossible to grow as a successful trader.
In Episode 23 of the Optimus Futures Podcast, Matt Zimberg introduces five ways to screw up your trading, how to avoid them, and how to improve off of these mistakes and learn from them, which in turn, will undoubtedly make you a better trader.
What is a trading edge?
In Episode 22 of the Optimus Futures Podcast our host, Matt Zimberg, brings up the topic of a trading edge. This term is often thrown around in the industry, but very rarely is it actually defined. In this episode, Matt breaks down the definition of a trading edge, how to develop your own trading edge, and provides the audience with a new perspective to this term.
In Episode 21 of the Optimus Futures Podcast, Matt Zimberg focuses on order execution and how to implement different order types into your trading methods.
Matt also discusses discipline when sampling new order types, different situations where a trader might consider using a specific order type, and much more!
The following podcast is an interview between Optimus Futures' owner Matt Zimberg and Edgewonk's two co-founders, Rolf Schlotmann and Moritz Czubatinski.
In this interview the group discusses various topics ranging from trading psychology, methodologies, strategies, how the two developed the Edgewonk Trading Journal and how it can be applied to one's trading career.
Edgewonk's website: https://edgewonk.com/
Our review of the Edgewonk Trading Journal: https://optimusfutures.com/tradeblog/archives/edgwonk-trading-analysis-software-futures-traders
Howard Lindzon, the founder of Social Leverage and Stock Twits, has a discussion with Matt Z about his decision-making process when it comes to investing, risk management and market trends.
Matt Z from Optimus Futures interviews the legendary Jack Schwager, the famous author of Markets Wizards, Hedge Fund Market Wizards and Market Sense and Nonsense.
In this interview, Jack addresses the traits of successful traders and the steps they take to manage their trades. Jack goes over real-life examples of traders he interviewed and shares their experiences to identify what it takes to master the art of trading and investing.
In Episode 17 of the Optimus Futures Podcast, our host Matt Zimberg interviews Moritz Czubatinski from Edgewonk.
Matt and Moritz dive into a number of trading topics and focus on the EdgeWonk Trading Analysis Software. EdgeWonk assists traders in their daily decision making by providing actionable and completely personalized tips on how to adjust their trading approach. Watch the interview to see how day traders need to rely on objective data in order to improve their own trading analysis.
In this Podcast, Matt Zimberg interviews Asim Ghaffar from AG Capital, a Commodity Trading Advisor with a specific focus on global macro outlook using fundamental, long-short strategies across equity, fixed income, currency, and commodity markets.
Asim discusses how to generate trade ideas, implement them, and where risk management plays a crucial role in the strategy. You will learn how a licensed money manager approaches each trade in a balanced manner, where the pros and cons are considered equally. Lastly, Asim discusses how the markets are changing and evolving, and how he adapts to each environment that he faces.
If you are a trader and seeking to gain insight into how professionals operate, please join us for this podcast.
Optimus Futures, LLC is not affiliated with nor does it endorse any trading system, methodologies, newsletter or other similar service. We urge you to conduct your own due diligence. There is a substantial risk of loss in futures trading. Past performance is not indicative of future results.
Matt Zimberg interviews Kevin Davey, a trader whose sole focus is creating automated solutions for the futures markets. We conducted the interview to explore whether automated trading has an advantage over discretionary trading. Our goal was quite simple: To illustrate that automated trading requires the same level of discipline and faces the same level of risk as discretionary trading. We hope you enjoy the podcast.
Optimus Futures, LLC is not affiliated with nor does it endorse any trading system, methodologies, newsletter or other similar service. We urge you to conduct your own due diligence. There is a substantial risk of loss in futures trading. Past performance is not indicative of future results. "
In episode 14, Matt talks about developing his own indicator. Find out how an experienced broker / trader approaches the task of creating a custom indicator and how the right indicator can potentially help you trade with an edge.
In Episode 13 of the Optimus Future's Podcast our host, Matt Zimberg, delves into the topic of what it takes to transition from a part time to full time futures trader.
Many traders get into futures trading to potentially generate a second source of income and end up going full time depending on their level of success. The following podcast episode breaks down what it takes to become a full time futures trader and whether it is right for you and your current situation.
In Episode 12 of the Optimus Future's Podcast our host, Matt Zimberg, discusses the topic of time management and how to spend your time as a trader.
Humans are creatures of habit that tend to fall into routines. Whether or not these routines are positive or negative, we tend to get stuck in our daily routines, many of which are extremely time-consuming. In the following podcast, Matt provides a few tips and tricks that traders can apply to their daily routines allowing them to spend their time more efficiently and maximize productivity when it comes to their trading careers.
The following is an interview with a money manager, Mr. Sam Beckers. Sam has been a customer of Optimus Futures for many years, and along the way, he also turned into a money manager (licensed commodity trading advisor). We thought that his realistic approach to trading the Emini S&P contract could provide some perspective on the challenges of day trading, constructing a method and execution.
We hope that you will enjoy this Podcast. If you have any questions/inquiries about Sam’s or Optimus Futures services, please call us at 1-800-771-6748 or Local at 561-367-8686. Email: support@optimusfutures.com
Trading futures and options involve substantial risk of loss and are not suitable for all investors. Past performance is not necessarily indicative of future results. The risk of loss in trading commodity interests can be substantial. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition. The placement of contingent orders by you or broker, or trading advisor, such as a “stop-loss” or “stop-limit” order, will not necessarily limit your losses to the intended amounts, since market conditions may make it impossible to execute such orders. The high degree of leverage that is often obtainable in commodity interest trading can work against you as well as for you. The use of leverage can lead to significant losses as well as gains. We urge you to conduct your due diligence.
In Episode 10 of the Optimus Future's Podcast our host Matt Zimberg discusses how to choose a successful money manager. Matt will dive into what makes a money manager successful and how to determine whether or not a specific money manager is right for you
Money managers can play huge roles in the lives of traders. In reality, many people are attracted to the nature of trading due to the profits that can be made. Unfortunately, without a money manager or more importantly, a successful money manager, these profits can quickly turn to nothing without proper financial management. With so many money managers out there, how can you determine the one that best suites your needs? Listen to episode 10 of the Optimus Futures Podcast to find out!
In Episode 9 of the Optimus Future's Podcast our host, Matt Zimberg explains to the audience how an individual can measure their futures trading performance.
As mentioned in the podcast, Matt has written a couple of articles pertaining to the subject of how to measure futures trading performance. Provided below are links to these articles.
Positive Expectancy is more important than your last futures trade: http://optimusfutures.com/tradeblog/archives/positive-expectancy-is-more-important-than-your-last-futures-trade/
Ratios Used in Evaluating Automated Trading Systems: http://optimusfutures.com/tradeblog/archives/ratios-used-in-evaluating-automated-trading-systems/
In Episode 8 of the Optimus Future's Podcast our host, Matt Zimberg drives into one of the most crucial aspects of trading futures and options, selecting a trading method.
The methods that we choose to trade with can make or break our success. To help with that success, Matt has elected to discuss topics multiple related to trading methods. These topics range from selecting a trading method that best suits you, how to endure and stick with a method during lackluster periods, and how to decide when it’s time to hang up the towel and drop your current method.
In Episode 7 of the Optimus Future's Podcast our host, Matt Zimberg, discusses the concept of discipline and how it not only applies to trading, but to all aspects of life. Discipline is not developed overnight, it takes years of regimented training to reinforce positive habits into one’s life.
Check out a video on our YouTube channel, created by our host Matt, discussing a similar topic: https://www.youtube.com/watch?v=_O529u5S2g0
In Episode 6 of the Optimus Future's Podcast our host, Matt Zimberg, discusses seven things to consider when choosing a trading platform. These considerations range from the stability of platforms, functionality, visual appeal, and much more!
Take a look at a YouTube video featuring our host Matt Zimberg, discussing a similar topic: https://www.youtube.com/watch?v=mgRSE6PytVM&list=PL5605E4B7C7685989
In this episode 5 of the Optimus Future’s podcast, host Matt Zimberg approaches the business of trading from a different angle, looking at trading from a practical and pragmatical perspective. Ultimately, he will seek to answer and define the question, what is the business of trading all about?
Matt strives to approach the business of trading from a unique and alternative perspective. Using interesting correlations of real life examples and other forms of business to give the audience insight into the variables of trading.
In Episode 4 of the Optimus Future's Podcast our host, Matt Zimberg, explores the many components of trading in the commodity futures & options market. Some of these components range from which platform to choose, how to select a broker, what data feed to pick, and how to approach making such decisions that best suit your needs and trading style.
In Episode 3 of the Optimus Future's Podcast our host, Matt Zimberg, dives into the mind's of traders and discusses market psychology. The challenge of market psychology when attempting to analyze the current state of the market is something that unfortunately, effects all traders. Matt proposes several unique and interesting analogies that may help demonstrate why market psychology is so important and how traders can help themselves through tough times.
In Episode 2 of the Optimus Future's podcast our host, Matt Zimberg, explores ten things he wish he knew before he began trading in the commodity futures and options market. Matt gives the audience insight into how he has approached trading over the years and many of the obstacles new traders face. Matt also discusses how he has personally grown as both a trader and independent broker.
In Episode 1 of the Optimus Futures podcast our host, Matt Zimberg, discusses a general overview of today's commodity futures and options market and how traders deal with such conditions. Matt gives the audience an insight into the minds of traders as well as insight to our motives and integrity as in independent broker. As technology has developed, a lack of communication has formed between traders and their brokers. Optimus Futures strives to breakdown these barriers and focus on what is most important, the customer.