What is a Futures Trading System?

What is a Futures Trading System?

A trading system is simply any logical methodology for selecting, entering, and exiting trades. Most trading systems also include methods for defining risk and money management. A trading system can be as simple as “sell corn when harvesting starts” or it may be much more complex and include a dozen different technical indicators. Essentially, all traders use some sort of a system that takes into account varying amounts of data and formulates an action based upon such data. The difference depends on how rigid or loose their method.