Futures Trading Basics: Contracts, Ticks, Margin and Expiration
A beginner-friendly guide to futures: what a contract is, contract specifications, tick size and value, margin, leverage, expiration and how P&L is calculated.
How futures, forex, CFDs and crypto work, what makes them different, and how to track them.
A beginner-friendly guide to futures: what a contract is, contract specifications, tick size and value, margin, leverage, expiration and how P&L is calculated.
How micro futures contracts work, how they compare with standard and E-mini contracts, and why they make risk management easier for smaller accounts.
How pips, pipettes and lot sizes work in forex, how to calculate pip value and position size, and how leverage and swap affect your results.
What CFDs are, how they work, margin and leverage, overnight financing, the risks for retail traders, and how to track CFD trades from MT4, MT5 and other platforms.
How to export your trading history from MetaTrader 4 and MetaTrader 5, what the built-in reports miss, and how to analyze forex and CFD trades in a journal.
How to journal crypto trades across exchanges, handle fees paid in different coins, funding payments and 24/7 markets, and which metrics matter for crypto traders.
Why futures need to be rolled, how to identify the roll period, calendar spreads, the costs of rolling, and how rollover affects your charts and journal.
The Sydney, Tokyo, London and New York forex sessions, when they overlap, how volatility changes through the day, and how to find the session that suits you.
How funded trader and prop firm evaluations typically work, the common rules on daily loss, trailing drawdown and consistency, and how to track them so you do not fail on a technicality.
How perpetual futures work in crypto, what funding rates are, how funding payments affect your P&L, and how to account for them in your trading journal.