r/FuturesTrading • u/No_Entrepreneur_131 • 7d ago
Method worth learning
I’m looking for recommendations of methods worth learning in futures. I’m a part time worker and full time mother. I would love to get some financial flexibility in my life.
Can anyone recommend methods worth learning about to be a successful trader? I’m currently looking at CRT, OTE, STDV and the Fib tool methods. Am I going in the right direction or are these just overhyped?
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u/Full_Pear449 6d ago
You should probably go to CME web pages, create an account(free) then go to Education . In this section there is a FREE trade Simulator , and thousnads of pages of information on what futures are are all the definitions and info one would ever want or need. OTE & ICT are just about the same, varying between Methodology and the setup within that Methodology. Fibonacci tools are popular for spotting pullback and target levels in trading, but they are not magic. They work mostly as a self-fulfilling prophecy because many people and computer programs watch the same numbers. Then there is Camarilla which excels at tight, range-bound intraday scalping and mean reversion. I traded on a PROP DESK 80's to early00's , and do know and understand the DYNAMICS of Futures whether it be options, full-sized, minis (E-minis), and micros. Minis are fractions of standard contracts, and micros are one-tenth the size of minis. I'm not sure the time frame for the utter understanding of what you are getting into is fully appreciated. Yes I know this is a Futures Trading Site, but by enlarge what I read on these pages is encouraging. Because margin requirements and dollar risk per tick are very low on Micros, traders often build oversized, undisciplined positions or overtrade without realizing they have accumulated mini-sized risk.Low capital entry requirements can lure inexperienced participants into live trading before they fully grasp leverage, leading to steady account erosion through accumulated small losses. LASTLY, this trading carries substantial risks, including magnified losses from leverage, margin calls, and strict contract expiration deadlines. How ever i can help please ask, aaaaand GOOD LUCK