Working with Futures Trading Systems
 |
Just what are futures and commodity trading systems?
Below you will see if a automated futures or commodity trading system
could be for you. |
Elements of a futures or commodity trading system:
- Select from a pre-designed system from a 3rd party vendor
- Find a system that is easy to implement within a trading platform
- If it can be traded on a online trading
platform, is it easy for me to follow?
- Do I want to do any work, or do I want the system to automatically be
traded for me?
Here is where you can see the 3rd party vendors for trading systems that
can automatically be traded for you.
List of
futures systems
Some systems you must use a piece of paper and mathematically apply the
system to charts or numbers out of a spreadsheet. With today's computers
and advanced trading platforms, most systems can be applied electronically and
in real time. Take a look at the 3rd party system vendor below and
choose from many different systems. These systems can be automatically
traded for you through one of the trading platforms once you have signed a
system assist letter.
The good thing about these systems are that you can watch them trade in
real time. If you want to interfere with the trading system (for
instance take a profit on a trade before the system has exited the trade) you
can do that as well. Feel free to contact any of the brokers here at
United Futures Trading and we can certainly help you select a futures system
that best suites your needs.
Signing the system assist letter:
Once you sign the system assist letter, and you have paid the fees to the
vendor for the particular system, we will setup your particular system for you
to begin to trade. You will be able to follow it in real time.
Benefits of system based trading:
The main benefit of system based trading is that it takes the emotion out
of the decision making process. For some traders this is much better
because watching a trade move against you, some emotion could get involved in
making a decision to get out prematurely. Also, the same thing could
exist with profits. Some traders don't know when to take profits.
Some take profits prematurely. By letting the computer make the
decisions for you, again, the emotion process is cut out of the equation.
Are futures trading systems full proof:
Absolutely not. Just because a system has done well in the past
does not in anyway guarantee that it will continue to perform well in the
future. That is why we strongly encourage customers to set a
predefined amount that they are willing to risk. Be it 20% or 50%, once
you have reached the maximum that you are willing to risk, that futures system
should be abandoned and a different system sought. Also remember at all
times, whenever you are trading commodities of futures that only risk capital
should be used.
In conclusion. Ask yourself the following -
- Do I have time to trade?
- If not, do I want an automated solution?
- Does the system fit my parameters?
- Is the money that I have to commit risk capital?
- Should I talk to a licensed commodity broker to ask his opinions about a
particular trading system?
- Do I want the system to be automatically traded for me?
Contact us at 312-920-0212
United Futures Trading Company
150 N. Michigan Ave.
#1970
Chicago, IL 60601
Managed Futures |
Online Futures Trading |
Futures Trading Systems |
Futures Kits
United Futures Trading |
Emini
HYPOTHETICAL
PERFORMANCE DISCLAIMER: HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY
INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS
BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES
SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES
BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY
ACHIEVED BY ANY PARTICULAR TRADING PROGRAM.
ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE
GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL
TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD
CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR
EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING
PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO
ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS
RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC
TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF
HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL
TRADING RESULTS.
*The risk of loss exists in futures trading. Past performance is not
indicative of future results.
Copyright 2009