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Day Trading Commodity Futures in a Volatile Market
Pratik Patel has traded commodity futures markets for the past 7 years. After years of trading a wide range of products from lean hog to E-mini S&P 500 futures, he has found his niche in the CME Group grain futures markets.
Join Pratik, co-founder of the FuturesRoom.com, as he discusses why he made the switch to trading the grains along with the benefits of using a consistent method for day trading commodity futures. In addition, Pratik will also introduce strategies to manage trading risk in this uncertain volatile market.
This event will demonstrate optimal trading setups used to control risk featuring examples including Corn Futures (ZC), Wheat Futures (ZW), and Soybean (ZS) traded on the CME Group. This session is ideal for both novice and experienced traders alike as Pratik brings his vast knowledge into the trading environment in the futures markets.
The following topics will be reviewed:
- Characteristics of a consistent trader
- How the Volatility Index (VIX) can help you while trading
- How to trail stops to key technical levels to control your risk/reward
- Controlling emotions in a volatile market environment
- How to identify key support & resistance levels used for Retracements & Pullbacks
Pratik Patel is a full time trader specializing in the agricultural commodities sector. As the Head Trader at The Futures Room, he brings his vast knowledge into the virtual classroom and lends 100% transparency to his trades and methodologies. He is a featured presenter for the MoneyShow.com trading expos and was recently features on the cover of Active Trader Magazine (Oct. 2011).
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