12 Principles for Successful Futures Trading

A Practical Guide for a Successful Start in Trading: Develop High Quality Trading Ideas, Maximize Profits, and Master Trading with the right Psychology

Niclas Hummel (Autor)

Buch | Softcover

198 Seiten

2024 | 7. Auflage
BoD – Books on Demand (Verlag)
978-3-7578-5258-0 (ISBN)

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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, psychology, technique, product selection, brokers, taxes, and precise methodology are important. All of these topics are explained in detail in this concise book format, so that the reader ultimately gains a comprehensive view of the financial markets and can make clear decisions in the world of trading. The methodology is further illustrated with example charts and other related graphs.

Niclas Hummel has been an active private trader for 12 years. He discovered his passion for trading early on and set out to learn from the greatest speculators and traders in history and to trade the markets profitably. In this journey, the market itself became his greatest teacher. Today, trading is the most profitable way for Niclas to build wealth. He shares everything he knows about trading with others because he understands that trading is difficult and ultimately, only the trader can make the right decisions.

Erscheinungsdatum	24.08.2023
Sprache	englisch
Maße	148 x 210 mm
Gewicht	249 g
Themenwelt	Sachbuch/Ratgeber ► Beruf / Finanzen / Recht / Wirtschaft ► Geld / Bank / Börse
	Wirtschaft ► Betriebswirtschaft / Management ► Finanzierung
	Wirtschaft ► Betriebswirtschaft / Management ► Unternehmensführung / Management
	Wirtschaft ► Volkswirtschaftslehre ► Finanzwissenschaft
Schlagworte	crypto trading • Day Trading • furures futures • futures trading • perpetual futures • Successful Trading • Trading
ISBN-10	3-7578-5258-3 / 3757852583
ISBN-13	978-3-7578-5258-0 / 9783757852580
Zustand	Neuware