Best Futures Trading Strategy

Summary of Reddit Comments

• Alligator Indicator Strategy:

  • Utilizes the Alligator indicator on moving averages to make trading decisions based on crossovers.
  • Pros:
    • The strategy has been successful for some traders in making profits.
    • Offers clear entry and exit signals.
  • Cons:
    • Not all traders have had success with this strategy.
  • User Quote: "Great work sticking to your plan."

• Charting and Indicators:

  • Some traders use Tick charts and the 24 EMA for trend confirmation alongside the Alligator indicator for trading decisions.
  • Pros:
    • Provides additional confirmation for price movements.
  • Cons:
    • Requires understanding and experience with multiple indicators.
  • User Quote: "Great post OP."

• Trading Approach:

  • Following a disciplined approach, traders aim to take actions based on specific criteria, such as every 3 candles or specific candle formations.
  • Pros:
    • Helps maintain consistency and discipline in trading.
  • Cons:
    • May not work for all market conditions or trading styles.
  • User Quote: "Great trade and description - congrats!"

Additional Insights

• Risk Management:
  • Some comments stress the importance of risk management, highlighting the significance of stop losses and managing position sizes effectively.
• Market Analysis:
  • Traders discuss news reports impacting trade timings and the importance of considering external factors before entering trades.
• Technical Tools:
  • Traders inquire about the EMA settings used, the practicalities of trading US markets from Europe, and the implementation of trailing stops in trades.

This summary demonstrates that the Alligator Indicator Strategy is popular among traders for implementing their futures trading strategy, with an emphasis on maintaining discipline, risk management, and incorporating various technical tools for successful trading outcomes.