The following is a short extract from the course "How To Trade The Futures Market", please click here Trade Futures Course for full details on how to obtain the full text, futures trading simulator along with sample data and bonus trading ebooks package.

Find: Days trading day period loss average seemed consistently losing during.

During my first year as a local (independent trader) on the floor of LIFFE, I bought and sold 8804 FTSE futures contracts, about 40 contracts per day on average. The result was a loss of 61,620 or - 267 per trading day. I was profitable on 55% of days with an average gain of 1009, my average losing day was - 1780. My biggest one-day gain was 7730 and my biggest loss - 12,426. As you can probably imagine, this was a difficult time for me. I was trying to work out how to make money consistently. It was the consistency that seemed so hard to find. I was having a regular experience of making money, what was killing me were my losses. It seemed that every time I got ahead by 5-6000 over a period of a week or two, I would lose it all and a few thousand more in the space of a couple of days. At the time I was too unhappy with my performance to be willing to spend any time analyzing my results. If I had I would have discovered that during this period all I needed to do to go from a loss of 61,620 to a small profit would have been to avoid just 10 trading days. Those 10 days cost me a total of 69,169! At the end of this period I was so frustrated, fed up and stuck that I decided to quit trading and return to a more secure career. It only took me a few weeks to abandon this plan and return to trading. I felt sure that I had the raw talent to become a consistently successful trader, what I needed, I reasoned, was some support. Support to stop me having the huge losing days that were crippling me financially.

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How To Trade The Futures Market

For full details about this detailed course, which includes a futures trading simulator software package complete with some sample trading data, and free trading ebook package please click here Futures Trading Course

If you are more interested in trading the eminis you need to review these emini - e-mini trading courses