Geelong, Victoria, Australia
Experience: None
Platform: Trade Navigator
Trading: Gold, Minis
Posts: 2 since May 2016
Thanks Given: 1
Thanks Received: 0
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Hi all. I'm a new user not only to this site, but to forums in general so forgive anything I'm doing wrong here. (I've checked out Mike's introductory links and done some searches for these questions but haven't been able to find anything).
I'm about to move into futures trading and although have read all the books, done paper trades and am experienced in stock/options for over 10 years - feel I know nothing about this market if I'm being honest.
I have a system in place with futures which I would like to start implementing, but have the following questions:
1. what is the best system and broker to use when based in Australia?
2. My system is a more long-term system (weekly and monthly) rather than the day trading everyone discusses. I understand these longer-term positions are possible with futures but it doesn't appear like many people do this (mainly day traders). Is there something wrong with these longer term positions with futures - am I missing something here?
3. Where is the best place i can get historical daily data for indices and commodity futures/spot prices, or does this come from the platform I choose?
Apologies for the simple questions. I've been trading stocks and options for some time but am only beginning in the futures market and want to understand it before I start committing real money to it. Thanks in advance.
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