Markets for beginners? - Beginners and Introductions | futures io social day trading
futures io futures trading

Markets for beginners?
Updated: Views / Replies:4,113 / 25
Created: by IsGabes Attachments:1

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 100,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Thread Tools

Markets for beginners?

Chicago, Il
Trading Experience: Master
Platform: NT, CQG, Bloomberg
Favorite Futures: US
Posts: 64 since Apr 2014
Thanks: 11 given, 39 received

For a beginner, you have to figure out what kind of trader you want to be, intraday trader or longer term trader. just because you can trade a ES futures with $400 intraday margin doesn't mean you should if you don't know the risk involved. it can move that amount very quickly if someone opens their mouth.

As a beginner one of the thing you have to get used to is order entry. just the simple, clicking and entering your order, getting used to it without f-ing it up by buying when you should be selling or placing a stop instead of a limit and getting filled. if you are doing that in a fast moving market, you can easily find yourself a few hundred buxs offside before you realize it.

Trade 2-year notes, Eurodollars (the interest rate), but they don't move a lot, but they can trend nicely and getting in and out is not a problem generally.

The following 2 users say Thank You to US Bond Trader for this post:
Rotterdam Netherlands
Posts: 4 since Mar 2015
Thanks: 0 given, 0 received

I still fall under a beginner trader. I started first trading eur/dollar because I was just very interested in it. Blow up my first money quick but it was a nice learning experience.

Currently I am trading CFDS at the DAX a index market that moves a lot its a nice market but a veteran trader also motivates my cause he made a lot of profit on there and he give some tips time to time.

Posts: 14 since Jul 2014
Thanks: 2 given, 8 received

I would say trading Options might be a little better.. Place trade and watch it and not worry about massive swings.

Sharm El Sheik/Egypt
Posts: 10 since Jan 2015

Hello Gabe

IsGabes View Post
As a beginner is one of these markets generally better for beginners to start learning & trading:


I am trying to gauge what direction to start my learning in.


I am learning to trade too, I was researching all these different markets. The $25k requirement kept me out of Stocks. First I wanted to trade Futures but got scared away, then looked at Forex but I realized the brokers are trading against you.

Then when I was reading an article on, I watched a video about a NADEX trading strategy. I found out its binary option trading, so initially I thought oh that's a scam. Then I did more research on it, the more i read the more I liked it. They are US based in Chicago and regulated by the CFTC. Its an online exchange so you trade directly on it (no broker needed). Funding a $100 account buys you seat on the exchange. Low trading fees of $0.90 or less per contract, $9 max fee per order. So anything above 10 contracts is commission free. If you lose the trade you DON'T pay the settlement fee either.

You aren't trading against the house like in Forex. And your not trading against the hedge funds or HFT traders. The volume on Nadex is relatively small right now so the big boys stay away from it. But its growing. They just opened the exchange up from 3 countries to 47 so volume should increase! That means tighter spreads and better trading.

you can trade the major indices like ES, TF, NQ and YM also commodities, metals. and forex. you risk is capped at $100 per contract.

I think its a great place for new traders to start.

pm me if you want more info on learning NADEX

Sharm El Sheik/Egypt
Posts: 10 since Jan 2015

Skeptical View Post
Hi Itcymoku,

Presently looking at Open Trader Course. So many mixed opinions. I most likely won't do it. Plus i hear in the trade room one of the guys Awais is never trading live, just putting zones up and a daily plan to trade from. Huge difference from live trading.

This is what little i know. Most people in the northern hemisphere prefer to trade the ES. This is ok, but means I am trading the night session. So what i am thinking is having a look at indices like the Aus 200, Nikkei etc. So i guess i need to figure out which is most liquid in the Asian session.

Am trying to keep away from spot FX. Mostly due to the fact I am learning Volume Profile etc. Plus the FX market has no central exchange.

Cheers for your reply.

@Skeptical See my reply to Gabe detailing the NADEX exchange

Phoenix AZ
Posts: 470 since Dec 2012

US Bond Trader View Post
For a beginner, you have to figure out what kind of trader you want to be, intraday trader or longer term trader. just because you can trade a ES futures with $400 intraday margin doesn't mean you should if you don't know the risk involved. it can move that amount very quickly if someone opens their mouth.

Curiously, there is little discussion of developing trading plans, the first task being deciding what kind of trader one wants to be. If one doesn't know what one wants, much less how to go about getting it, it is likely that he will end up with something that is very different from what was expected.

And one can develop a trading plan without risking a dime (see attached).

Attached Thumbnails
Markets for beginners?-21developing-plan.pdf  


futures io > > > > Markets for beginners?
Thread Tools

Upcoming Webinars and Events (4:30PM ET unless noted)

Show us your trading desks and win $1,400 in prizes w/Earn2Trade


futures io is celebrating 10-years w/ over $18,000 in prizes!

Right now

$250 Amazon Gift Cards with our "Thanks Contest" challenge!

Right now

Surprise Bull Breakouts and Traps w/Al Brooks

Elite only

Similar Threads
Thread Thread Starter Forum Replies Last Post
Bonds Vs. indexes for beginners marketvoyager Beginners and Introductions 6 December 23rd, 2014 06:35 AM
Beginners Trading Journal 223552 Trading Journals 77 July 10th, 2013 08:45 AM
Interest rates for beginners Tank Bonds and Interest Rates Trading 7 July 1st, 2013 10:15 AM
Workspace choices for beginners Gavroche Beginners and Introductions 4 March 28th, 2010 12:19 AM
NT Quirks for beginners Peter NinjaTrader Programming 7 January 5th, 2010 12:16 AM

All times are GMT -4. The time now is 11:15 AM. (this page content is cached, log in for real-time version)

Copyright © 2019 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432,
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts