Learn to trade Emini Futures. Live Trading and Lively Discussion every trading day. Winner 2005 Christian Netcast People's Choice Award.
Futures are financial contracts that allow traders to buy or sell an asset at a predetermined price at a future date. Futures are commonly used in trading stocks, indices, and commodities, and understanding how they work is essential for traders who want to participate in these markets.
In the context of stocks, futures are contracts that allow traders to buy or sell a stock at a predetermined price at a future date. These contracts are traded on futures exchanges, and they are settled in cash rather than the actual stock. Futures contracts on stocks are often used by traders who want to hedge their positions or speculate on the direction of the stock market.
For example, a trader may believe that a particular stock will rise in value in the future. They can buy a futures contract on the stock at a predetermined price, and if the stock does indeed rise in value, the trader can sell the futures contract for a profit. Conversely, if the stock falls in value, the trader can sell the futures contract at a loss.
Futures contracts on indices work in a similar way to futures on stocks, but instead of buying or selling a single stock, traders buy or sell a contract that represents a basket of stocks. For example, the S&P 500 index is a popular index of 500 large-cap stocks in the United States. Traders can buy or sell futures contracts on the S&P 500 index to speculate on the direction of the overall stock market.
In the context of commodities, futures are contracts that allow traders to buy or sell a specific commodity at a predetermined price at a future date. Commodities futures contracts are traded on commodities exchanges, and they are settled in cash or by the physical delivery of the commodity. Futures contracts on commodities are often used by traders who want to hedge their positions or speculate on the direction of the commodity market.
For example, a farmer who grows wheat may want to hedge their position by selling a futures contract on wheat at a predetermined price. If the price of wheat falls, the farmer will have locked in a price for their crop, protecting themselves from a potential loss. Conversely, if the price of wheat rises, the farmer will have missed out on potential profits, but they will have still sold their crop at a predetermined price.
Futures contracts on commodities are also used by speculators who want to profit from the volatility of the commodity markets. For example, a trader may believe that the price of gold will rise in the future. They can buy a futures contract on gold at a predetermined price, and if the price of gold does indeed rise, the trader can sell the futures contract for a profit.
In conclusion, futures are financial contracts that allow traders to buy or sell an asset at a predetermined price at a future date. Futures are commonly used in trading stocks, indices, and commodities, and they are traded on futures exchanges. Understanding how futures work is essential for traders who want to participate in these markets and take advantage of the potential opportunities they offer. Whether you are a novice or experienced trader, futures can be a powerful tool in your trading arsenal.
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Garrett Jones joins us for 30 minutes of big picture talk and then we trade Live on the TradingView Platform for 30 minutes. Complete recap of Live Training Room, LOGIC247 Alerts, and Concierge Trade Alerts.
Take our 1 Week Free Trial and you'll never look at trading the same way again.
To begin the journey and claim your 1 Week Free Trial in our Live Trading Room, visit MyTradingIQ.com. If you use TradingView, we'll enable the Indicators for you on TradingView, and other platforms, for 5 consecutive trading days. You'll have access to the Live Room 2 hours a day, full use of all of our resources, around the clock support, One on One mentoring, and much more.
Read the CFTC Risk Disclosures and CFRN Disclaimers before starting the trial. You can begin the trial any day of the week or weekend. You'll still get 5 consecutive Trading Days.
Questions? Call 949-42-EMINI or Email support@crn.net
Day trading is a popular form of trading that involves buying and selling securities within the same trading day. It is a fast-paced and exciting activity that requires a high level of skill and expertise. One of the most important skills that day traders need to develop is the ability to understand multiple time frames.
Understanding multiple time frames is essential for day traders because it allows them to gain a more comprehensive understanding of the market and make more informed trading decisions. When analyzing the market, day traders look at different time frames, including daily, hourly, and even minute-by-minute charts. Each time frame provides valuable information about the market and can help day traders make better trading decisions.
The daily chart is the most important time frame for day traders because it provides a big picture view of the market. Day traders use the daily chart to identify trends and major support and resistance levels. By analyzing the daily chart, day traders can determine the overall direction of the market and make trading decisions accordingly.
The hourly chart is the next time frame that day traders look at. It provides a more detailed view of the market and allows day traders to identify intraday trends and key support and resistance levels. By analyzing the hourly chart, day traders can get a better understanding of the short-term movements in the market and make more accurate trading decisions.
Finally, day traders also analyze minute-by-minute charts to get a real-time view of the market. This time frame allows day traders to identify short-term trends and make quick trading decisions. Minute-by-minute charts are especially important for day traders who engage in scalping, a trading strategy that involves buying and selling securities within seconds or minutes.
Understanding multiple time frames is important for day traders because it allows them to see the market from different perspectives. By analyzing different time frames, day traders can get a more comprehensive view of the market and make better trading decisions. For example, if the daily chart shows an uptrend, but the hourly chart shows a downtrend, day traders may decide to wait for a clearer trend to emerge before entering a trade.
Bottom line, understanding multiple time frames is essential for day traders who want to be successful in the market. By analyzing different time frames, day traders can gain a more comprehensive understanding of the market and make more informed trading decisions. Whether you are a beginner or an experienced day trader, mastering the skill of analyzing multiple time frames is crucial for your success.
Thursday, December 15, 2021
Welcome to the oldest Live Emini Daily Broadcast on the Internet. CFRN launched this show in April of 2005. You can listen to the audio of today's show right here,...
Learn to trade Emini Futures. CFRN "A Community of Believers Who Trade For A Living!"
Tuesday, December 14, 2021
Welcome to the oldest Live Emini Daily Broadcast on the Internet. CFRN launched this show in April of 2005. You can listen to the audio of today's show right here, or...
Learn to trade Emini Futures. CFRN "A Community of Believers Who Trade For A Living!"
Monday, December 13, 2021
Welcome to the oldest Live Emini Daily Broadcast on the Internet. CFRN launched this show in April of 2005. You can listen to the audio of today's show right here, or...
Learn to trade Emini Futures. CFRN "A Community of Believers Who Trade For A Living!"
Friday, December 11, 2021
Welcome to the oldest Live Emini Daily Broadcast on the Internet. CFRN launched this show in April of 2005. You can listen to the audio of today's show right here, or...
Learn to trade Emini Futures. CFRN "A Community of Believers Who Trade For A Living!"
Thursday December 09, 2021
Welcome to the oldest Live Emini Daily Broadcast on the Internet. CFRN launched this show in April of 2005. You can listen to the audio of today's show right here, or...
Learn to trade Emini Futures. CFRN "A Community of Believers Who Trade For A Living!"
Wednesday, December 8, 2021
Welcome to the oldest Live Emini Daily Broadcast on the Internet. CFRN launched this show in April of 2005. You can listen to the audio of today's show right here,...
Learn to trade Emini Futures. CFRN "A Community of Believers Who Trade For A Living!"
Tuesday December 7, 2021
Welcome to the oldest Live Emini Daily Broadcast on the Internet. CFRN launched this show in April of 2005. You can listen to the audio of today's show right here, or...
Learn to trade Emini Futures. CFRN "A Community of Believers Who Trade For A Living!"
Monday, December 6, 2021 Welcome to the oldest Live Emini Daily Broadcast on the Internet. CFRN launched this show in April of 2005. You can listen to the audio of today's show right here, or...
Learn to trade Emini Futures. CFRN "A Community of Believers Who Trade For A Living!"
Friday, December 3, 2021
Welcome to the oldest Live Emini Daily Broadcast on the Internet. CFRN launched this show in April of 2005. You can listen to the audio of today's show right...
Learn to trade Emini Futures. CFRN "A Community of Believers Who Trade For A Living!"
Thursday December 2, 2021
Welcome to the oldest Live Emini Daily Broadcast on the Internet. CFRN launched this show in April of 2005. You can listen to the audio of today's show right...
Learn to trade Emini Futures. CFRN "A Community of Believers Who Trade For A Living!"