Futures: The Future of Day Trading?

Anarchy Day Trading - Forex, Futures, and Options for Beginners

With all of the drama surrounding prop firms, especially for American traders, Levi & Jordan discuss an an alternative to CFD & Forex trading: Futures. Come along with us as we discuss what futures are, and how they will be the future of day trading.

***************************** Use code "ANARCHY" for 20% off your evaluation at TradeDay, the futures prop firm that we personally use! To visit the website, go to www.tradeday.com

***************************** SUMMARY: We explore the transition to futures trading in response to recent regulatory changes in the United States. This episode demystifies futures trading, providing listeners with a comprehensive understanding of what futures are and how the techniques used in forex trading can be adapted to this market.

We kick off the discussion by explaining the basics of futures contracts, highlighting their role in trading different commodities, indices, and financial instruments. We delve into the reasons behind the regulatory shifts affecting forex and CFD trading in the U.S., and how these changes are steering traders towards the futures market.

The episode then guides listeners through the key differences and similarities between trading forex and futures.

Listeners will gain insights into how technical analysis, risk management strategies, and trading psychology used in forex and CFD markets can be effectively applied to futures trading.

We aim to equip traders with the knowledge and confidence to transition smoothly into futures trading. By understanding the nuances of this market, traders can continue to apply their skills and strategies effectively, capitalizing on the opportunities that futures trading offers.