Futures trading 101: What you need to know

David Green, Founder, Wall Street Global Trading Academy explains the most important things futures traders need to know.

Transcript

00:00This is a fairly new instrument to trade. It's only been around for about maybe 10 years now.

00:05The most important things about trading futures for everybody who's looking to start trading of

00:10any kind is the low barrier to entry when you open up a prop account with a futures firm.

00:15It only costs $33 to open up a prop account. You're trading with simulated money, and there

00:20are a few steps you have to go through before you can actually start taking money from one

00:24of these prop firms. My highly suggestion is you learn a little technical analysis,

00:28you learn how to be patient, you learn how to be disciplined, and this is just a great way to

00:32getting trading in general without it costing you a lot of money.