Courses 1Lesson 1

5.

“Futures Trading is Only for the Short Term.”

This is also incorrect.  Futures trading can be either long term, intermediate term, and/or

short term depending upon the orientation of the trader.

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In fact, some of the most successful futures traders -- referred to as ‘position traders’

hold their positions for an intermediate- to long-term period of time.  The particular time

horizon or time frame that a trader adopts is an individual choice, which does not

necessarily have to be short term to be prosperous.

Many other misconceptions and misunderstandings plague futures trading -- all bred out

of either partial information or ignorance.

One-by-one, these myths will be unveiled and corrected as your understanding of

futures markets and futures trading increases.  Now that a few of the major myths have

been revealed, we can move on to the basics of futures trading.