Futures Trading FAQ and Information

Do I Still Recommend (insert any company here)?

If a company is listed on my website, I still recommend them. You don’t need to email me and ask. I write the reviews for a reason. If I didn’t recommend them, I would take them off my website. I personally have gone through every evaluation company recommended on my site, and I use all the software I recommend.

I turn down a lot of companies asking to be featured on my site. I will only ever review and recommend companies I personally have used and actually do recommend.

You can Read my Reviews here, and find Exclusive Discounts here.

Have You Withdrawn Money From (insert any funding company here)?

I have withdraw money from every single company I’m funded with. More than once. All of the companies have non disclosure agreements preventing people from showing personal account information so you won’t find much about withdrawals out there. Likewise, I’m not going to show you proof. I’m not going to break the non disclosure clause just to prove to anyone a company pays out. I’ve been with each company I’m funded with for a decent amount of time. They all pay out, do you think I’d still recommend them if they didn’t?

Have You Heard Of (insert random new funding company here)?

Chances are yes I have heard of them, and since your next question will be “do you recommend them”, my answer is no. There are a lot of new companies popping up, with no track record. Each of them tries to make the rules a little easier, the prices a little cheaper. Personally I would stick with companies who have actual funded traders like myself who can attest to them being valid. I’m not saying the new ones are all scams, but I don’t personally see the need to take the risk.

How Does The Draw Down / Daily Loss Limit Work For XYZ Company? (or any other rule you need explained)

All of the companies have this information on their websites. If you don’t understand it, email their support.

Who Is The Best Funded Futures Trading Program?

There is no “best company”. They all have pros and cons, the question is which is best for you. Read my reviews, read the pros and cons of each on the review, and decide which is best for you.

Do You Do Coaching / Mentoring?

I do not. I have free courses available on my site, and plenty of instructional videos on my YouTube page. I have no interest in one on one coaching and mentoring.

Will You Pay For An Evaluation For Me / Pay For A Reset / Personally Fund Me / Lend Me Money?

No. And futures trading is probably the last thing you should be thinking about if you can’t afford $100 for an evaluation.

Can Anyone Become A Futures Trader?

No, but it’s not an exclusive club either. People who love trading and have the desire to learn the proper ways to do it will succeed. The people who want to make a quick buck will go down in flames.

At a minimum you have to have some technical knowledge to navigate the trading software, time available to actually trade, capital available that you are okay risking (or try out for one of the funded programs I reviewed), and recognize it will take time to be profitable.

There’s also a bit of a steep learning curve to start with. Futures trading has an entire vocabulary to master, on top of understanding the concepts. Even if you understand stocks and options, futures contracts differ somewhat. Just be okay with the process of taking time to learn what you need to, and don’t get frustrated at first.

Should I Take An Expensive Course To Learn Futures Trading?

No. Please do not. Most people selling courses are making their living selling courses, NOT trading. It’s far to easy to fake a “rich lifestyle”. The more expensive the course and more flamboyant the results they say you will have, the more likely you’ll be ripped off.

Most courses I’ve seen reviewed ended up containing nothing but simple concepts you can learn for free on YouTube. The claims these courses make are not real world results.

I learned everything about futures trading from FREE content on YouTube, I highly recommend you invest your time, not money, in learning trading.

I encourage everyone if you are thinking about taking a paid course and aren’t sure if it’s wise, don’t.

Will You Get Rich Immediately Trading?

No. Anyone who sells you the dream of lambos and beach front property is lying, and just trying to profit off peoples desire to get rich quick. Not how it works in the real world.

How Long Does It Take To Become Profitable At Futures Trading?

It will depend on several factors. And before those, there is no guarantee you will ever be a profitable traders. Most fail, that’s just the reality of the situation. Read this risk disclosure if you want to learn all about how risk it is.

First, you need to have a good method in place, and stick to it. Everyone is unique, and you have to build your own, not copy someone else.

Controlling your emotions is very important. You can tilt off a months worth of profits in 1 bad day if you let yourself.

You need sufficient capital to be able to trade with. Starting with $1,000 will be very difficult vs. starting with $10,000. Only use what you can afford to lose. Remember the risk disclosure? You might lose all your money!

The process takes time. You will often hear that it takes about a year to become a profitable trader. When I started out I thought no way, I’m good at this I’ll be profitable in a month. 1 year later is when I started being profitable. The statistic exists for a reason – it takes about a year.

How Much Will I Make Trading Futures?

It depends on so many factors. Don’t be delusional in what you think trading will give you.

Trading is not consistent. You won’t make $X regularly, every day, day in and out. It doesn’t work that way.

You’ll have huge winning days, small winning days, break even days and losing days. The key is to mitigate and minimize the losing days.

Stop focusing on how much you’ll make and focus on the process and how you will grow. The profit’s will come out of good process and diligence.

Why Do You Trade The U.S. Treasuries Primarily?

First, I encourage everyone to test out trading different products and see what appeals to you most, then become an expert at it.

I started out trading crude oil. As much as I wanted and convinced myself I was going to be this hot shot crude oil trader, it wasn’t happening. I wasn’t bad, but I was spinning my wheels. How I like to trade doesn’t quite match up well with the ebb and flow of crude oil.

When I tried out treasuries, things started clicking a lot more. They are slower paced. They tend to move in very deliberate and more predictable moves. There’s nothing flashy or fancy about trading treasuries, but guess what, I found it far more easy, I was better at it, and I grew to love it.

What Courses Would Help With Futures Trading?

As of right now, I can’t recommend any paid courses to help you learn futures trading. If you search Google for “learn how to trade futures” I can pretty much guarantee everything you find will be not worth the cost.

I can recommend specific resources if you want to learn how to scalp in Jigsaw, or learn order flow, etc. Email me with what you are trying to learn and I’ll let you know. Most likely though I’ll be pointing you to free YouTube videos, which is how I learned everything.

Start out on my Free Resources page if you want to dive into learning about trading futures. There’s a ton of free ways to go, YouTube channels, forums and podcasts to start. As well I have my own free courses, look up in the menu.

Risk Disclosure:

Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.

Hypothetical Performance Disclosure: 

Hypothetical performance results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight.

In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. for example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.

You can read more here: Risk Disclosure

Affiliate Disclosure:

The external links on my site and in my video descriptions to trader evaluation companies and software companies are primarily affiliate links. I earn a commission from these companies on any sale made from people visiting these links. That said, I only recommend companies and software I personally use and actually do recommend. Believe me, I turn down a lot of companies who approach me. You can read my full Affiliate Disclosure here.

Additional Disclosure:

The content provided is for informational purposes only. I do my best to keep the content current and accurate by updating it frequently. Sometimes the actual data, rules, requirements and other can differ from what’s stated on our website. CanadianFuturesTrader.ca is an independent website. You should always consult the rules, faqs, knowledge base and support of any of the websites and companies we link to or talk about on our site. The information on their site will always be what ultimately dictates the current rules of their program, software or other. While we are independent, we may be compensated for advertisements, sponsored products, or when you click on a link on our website. The contributors and authors are not registered or certified financial advisors. You should consult a financial professional before making any financial decisions.