What Month Do I Trade?
Generally speaking, you always want to trade the closest month (aka. the front month). However, if you plan on a long term trade in which you’re planning on holding the position for months, it’s a good idea to look farther out...
Expiration vs. Delivery
Every futures contract expires, which is why they are called futures. They exist until a fixed time in the future, at which point they expire. Not every product goes into delivery–some of them cash settle like the equity indexes. As a general rule...
When Do You Get Out of a Trade?
There are numerous reasons to get into a trade: various indicators, support and resistance, moving averages, directional trends and hi/low breakouts, just to name a few. So now that you are in the trade, when do you get out?