Search This Blog


Futures Trading Systems : How to Choose a Futures Trading System

Here are some factors to check when you're deciding on a trading system.

Look at which markets the system trades

Naturally, this will depend on which futures you're most interested in. In general, though, look for a trading system designed to trade major commodity, currency and stock index futures. This includes agricultural, energy such as oil and coal, softs like coffee and sugar, and precious metals. That said, most trading systems will work better the more liquid the market.

Check out the reporting features

The ability to receive an accurate report and analysis is half the reason to use a futures trading system in the first place. First, make sure you can easily access basics information on the futures. That alone isn't enough, though. You should also be able to view more complex reports like chart patterns and Fibonacci retraces.

Consider the maximum drawdown

Some trading systems advertise excellent profits over a period of several years, but avoid mentioning that their drawdowns may be more than the initial capital invested and could last for longer than a year. Before you settle on a system, take a close look at both the dollar amount of the drawdown and how long it may last.

Steer clear of "curve fitted" systems

A curve fitted trading system is one that's adjusted to fit recent past market data. The problem is
these systems have never been traded to show they actually work. They're usually based on short-term, one-off trends that may not be accurate for predicting future trends.

Read the reviews

As with any other important purchase, it helps to check out how satisfied current users are with the trading system you're considering. It will also let you know about any quirks in the system that may not be mentioned in the advertising. Consider not only the trading system itself, but issues concerning the company that created it, such as any extra services they provide and customer support.

Look for a system that's easy to use

If the system you choose is so complex it gives you a headache every time you try to use it, it won't be much good to you no matter how accurate the data it provides. Ideally, you want a system that's completely intuitive. One good way to assess this is to try out the demo version and see how well you can use it without reading up too much on it first. If you find yourself having to look at the instructions just to perform basic operations, you should probably look for another system.

Most quality trading systems allow you offer you a free downloadable trial even an online demo you can work with for a while to see how well the system meets your needs. Remember, though, everyone's preferences are a little different, so look for a futures trading system that works for you, not just one that gets good reviews.

Article Source:


Anonymous said...

What a great resource!

Anonymous said...

nice post. thanks.

perawatan ac said...

Nice infoo :)

Yusuf said...

Nice Post, sometimes beneficial, but most people doubt it

Jonathan said...

Good Contents You may be Like สำนวนภาษาอังกฤษ

jaruwan said...

Good articles and easy to read its.

Seenath Kumar said...

Really nice article thanks for sharing it. :)
mutual fund nav

Blogger said...

Silver Gold Bull is your reputable bullion dealer. You will be provided with bargain, up-to-minute rates and make sure your precious metals arrives to your door discreetly and fully insured.

Blogger said...

eToro is the #1 forex trading platform for novice and professional traders.

Blogger said...

If you need your ex-girlfriend or ex-boyfriend to come crawling back to you on their knees (no matter why you broke up) you gotta watch this video
right away...

(VIDEO) Why your ex will NEVER come back...

Blogger said...


Professional trading signals sent to your cell phone daily.

Follow our signals today & gain up to 270% a day.

Blogger said...

Want to join more affiliate programs?
Visit our affiliate directory to get the ultimate list of affiliate programs.

Related Posts with Thumbnails
Do you need extra money?
Are you interested in FOREX?

Open an account in MARKETIVA
Start trading .... with as little as USD 1.00
Plus you get USD 5.00 reward to sign up!!
You don't even have to deposit your own money to start trading!!!

Don't miss this oppurtunity,
No regrets!
Click here to register :
Coupon (for 1st 20 registration only!)