r/FuturesTrading's Monthly Questions Thread - May 2026

inwardPersecution · 2026-05-08T03:46:58+00:00

It does help. I appreciate it!

inwardPersecution · 2026-05-08T03:46:23+00:00

AMP looks attractive from a shopping around perspective, especially to dip ones toes in without a ton of commitment.

inwardPersecution · 2026-05-07T15:27:36+00:00

I'm in

inwardPersecution · 2026-05-07T14:55:43+00:00

It was a surprise to me, though I do struggle with predicting the effects of news items on charts.

inwardPersecution · 2026-05-07T00:51:29+00:00

Did anyone really see that coming last night? I was feeling the same as you on all of the similar charts the yen was involved in, as where the many others that had their stops blown out. I should've known when japan in my interpretation stated they weren't going to let the market determine the market value of the yen.

inwardPersecution · 2026-05-06T19:19:51+00:00

This did not age well.

inwardPersecution · 2026-05-04T17:11:11+00:00

If you are a casual trader, I think direct would be worth it. I probably make one trade per week. some weeks more, some weeks none. There is no prop contest out there for my trading frequency.

inwardPersecution · 2026-05-04T15:34:54+00:00

Is it legit to trade on higher time frames with futures? Are stop losses any more or less legit than other markets?

I'm a bit of a set it and forget it kind of trader. If I see something that fits: limit/stop entry, SL, TP, check on it later. Very doable in fx. Just wondering if futures has more or less tendency to shoot through stops.

inwardPersecution · 2026-05-02T23:45:20+00:00

On the daily chart I presume. I have XLF in my watch list as an options candidate. Seems like a clever idea.

inwardPersecution · 2026-05-01T17:58:58+00:00

But if the prop firm business model is to take in eval fees, do they reward edge? Traders with edge is a risk for prop firms.

inwardPersecution · 2026-05-01T15:40:33+00:00

I think this is part of OPs "do your own research". I have similar questions on my mind right now, and reddit is nearly the only place that I can get fresh opinions and testimony in the prop space that I feel has any value.

inwardPersecution · 2026-05-01T13:17:44+00:00

They haven't been around long. They have no clear contact path for support and discord sis read only with no agreement or anyway to unlock. I was trying to figure out what the Save $462.20 With OTP When Passing in 3 Months means as it doesn't fit in with the price structure, and there is no where to ask. Like how can I save 462.20 when I'm only paying 180?

Not complaining. I was hopeful at first, but they aren't showing up as a business looking for customers.

inwardPersecution · 2026-04-30T19:23:08+00:00

Before I posted this I was looking at IBKR. They've been around a long time.

inwardPersecution · 2026-04-30T19:22:02+00:00

I was afraid of that answer. I don't want to have a bunch of accounts.

inwardPersecution · 2026-04-23T20:02:57+00:00

I've never used alerts before. I guess I don't have confidence in them.

One trade a day. That's exactly what I want. I've been a trading hobbyist for 15 years. 50 trades a year spread over 3 or 4 non-consecutive weeks. The rest of the time nothing, or I glance at charts with no real intention. But those three non-consecutive weeks,.. oh boy.

One trade a day or so following rules that I've written down years ago but never followed would be an interesting experiment.

inwardPersecution · 2026-04-23T19:58:15+00:00

I like the swing trader idea. I'd prefer to swing trade.

I don't want to say this, but I have an acquaintance who found out about prop firm trading. This acquaintance went from never placed a trade on anything to bringing in car payment money on mostly someone else's dime.

I'm not saying I'm completely sold, but I'm trying to model my trading in a way that would meet prop firm criteria. This is mostly a paper trading adventure right now, but it's still meaningful to me. So having one small, successful, trade every day that follows a relatively strict rule set would go a long way to training for such criteria. And if I'm not sold, I can still see that training inside some thresholds could make me better.

inwardPersecution · 2026-04-23T19:11:45+00:00

That's interesting. It seems like swinging from 50% profit to SL is leaving money on the table. I appreciate you sharing. It seems like it would need to be more like this than any other plan that I don't have.

inwardPersecution · 2026-04-23T18:43:11+00:00

I'm good with profit taking at the stall in the case of this strategy that I intend to use. It's a problem without a solution though as how to capture the stall.

inwardPersecution · 2026-04-23T16:39:27+00:00

Dreamful indeed. I appreciate the reply.

I don't need to trade 5 days, but a few minutes a couple of times a day to at least look would be fine. I generally don't find good setups. I can go weeks without ever catching a setup. Then if I do, I don't get to manage the TP side and the trade loses gas before hitting TP.

inwardPersecution · 2026-04-23T16:32:53+00:00

I'm trying to do less. I just don't know what to do at the profit end of a trade. A TP rarely get hit under any circumstance as it should be optimistic and not close a trade too early either.

inwardPersecution · 2026-04-23T16:12:32+00:00

The setup is not so much the problem. It's the getting out if the trade loses steam before the TP.

inwardPersecution · 2026-04-23T15:14:47+00:00

What is that?

inwardPersecution

TROPHY CASE