Experience and talent mean nothing if you don’t have a solid strategy in place.

With that in mind, here are the top 5 tips for beginner futures traders in the UK looking to get their feet wet:

Educate Yourself

One of the most important things to factor in when developing your strategy is what kind of market analysis tools you will be using.

Technical indicators like moving averages, momentum oscillators and candlesticks can be crucial for trading success, no matter which type of trading you pursue.

For example, regarding futures traders, the moving average convergence divergence (MACD) indicator has been proven time and again as an effective and reliable technical tool that is best used with crossover strategies.

The good news for beginners is that free online trading courses are abundant, so take advantage of this free education to learn all you can.

Trading the News

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