12 Principles for Successful Futures Trading

Do you want to navigate the financial markets successfully and profit from futures trading - one of the most profitable wealth-building opportunities? Have you brought enough courage perseverance and thirst for knowledge with you? - Then this book is exactly right for you!In this book Futures Trader Niclas Hummel summarizes all the principles for successful trading with futures contracts that he has discovered over his 11 years of experience.It explains how you too can successfully manage risks. The author adopts a step-by-step approach towards all important topics such as broker and market selection entry signals and trade management examples. Other important considerations include: statistics expectations and managing mental resources.I want trading to serve you and offer a greater risk-reward for your time. Because trading doesn't always mean being active rather letting the market work for you.This book is suitable for aspiring and interested derivative traders and I cover the following products:- CME NYMEX CBOT EUREX Futures- Mini-Futures Micro-Futures and Options- Crypto markets: Crypto Perpetual Futures Decentralized Crypto Derivatives A good trader has an overview of different asset classes:- Stock indices / Stocks- Commodities- Currencies / Forex / Crypto- Bonds How you can profit from the overall market and master the skill of high quality selection of markets and trends has been best described with the principles in this book. Most traders start out with a negative expectancy value. It is inherent in human nature that betting on prices with risk and rewards doesn't come natural to us. Each individual principle increases the trader's expectancy value because a new mindset towards opportunities and risks as well as practical techniques is taught - until your expectancy value as a trader gets positive and the compounding effect which is unique to short term futures trading can take effect. In futures trading psycho