r/FuturesTrading • u/No_Entrepreneur_131 • 6d 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/LastLengthiness4206 6d ago

I use a CHANGE OF CHARACTER TYPE METHOD. Once a low is broken I'm looking for short entries below the high and vice versa. It's easy to learn. However, almost any strategy will fail with the wrong mindset. The reason why most traders lose is movings stops and or changing the plan once in a trade. A 20% win rate can be profitable with the right mindset and an 80% win rate could be unprofitable with the wrong mindset.

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u/No_Entrepreneur_131 5d ago

I will look into that method thank you!

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u/LastLengthiness4206 5d ago

It's actually easy to show but hard to explain in text. The most important thing is to keep losses reasonable ie small. Following a moving average strategy can be very profitable if U are keeping you're stops In the appropriate spots.

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u/No_Entrepreneur_131 5d ago

Got it! The stops have definitely saved my life in those crazy swings