Invest wisely. This is something that we can never emphasize enough. If you plan to get into futures trading, do so armed with all the trading plans and profit objective. Being a trader was the very first job I ever had in the corporate world, and I have to warn you that it is serious business.
Here are some tips that I can share with you:
1. Have a trading plan before you position in the market.
2. Know at what point you will do the exit when the market goes against you.
3. Get ready to lose your money. Know the risk involved.
4. Know that fear and greed can influence you. This is why you need a plan to follow.
5. Be rational and calm even under pressure.
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