1. Choose the right trading varieties: Before starting intraday trading, you need to choose futures varieties suitable for short-term trading. Usually, varieties with greater volatility and better liquidity are more suitable for intraday trading, such as crude oil, gold and stock index futures.
2. Set stop-loss and profit-taking: In order to reduce risks, it is very important to set a reasonable stop-loss and profit-taking level. Before opening positions, appropriate stop-loss and take-profit prices should be set according to market conditions, personal affordability and trading strategies. Once the price touches the stop loss or take profit price, decisively close the position and leave.
3. Track market conditions: intraday trading needs to always pay attention to market dynamics and analyze price trends. By looking at real-time quotes, news, reports and technical analysis, we can understand market trends and look for trading opportunities.
4. Choose the appropriate trading strategy: futures intraday trading can adopt a variety of strategies, such as breakthrough strategy, callback strategy, shock strategy and so on. It is necessary to choose appropriate strategies according to the market environment, formulate corresponding trading rules, and improve the profitability.
5. Maintain discipline and patience: intraday trading needs to strictly abide by trading discipline and avoid excessive trading. At the same time, you need to be patient, wait for the opportunity to come into the market, and don't change the trading plan at will.
6. Regular evaluation and adjustment: regularly evaluate the performance of the transaction, analyze the reasons for success or failure, and sum up experiences and lessons. According to market changes and personal needs, timely adjust trading strategies to improve trading level.
7. Keep a good attitude: futures intraday trading faces greater market risks and price fluctuations, so it is very important to keep a good attitude. We should overcome fear, greed and luck and treat every transaction rationally.
It should be noted that intraday trading of futures is risky and not suitable for all investors. Before intraday trading, make sure that you fully understand the market risks and have certain trading experience and risk tolerance. At the same time, keep learning and practicing to improve your trading skills and level.