Futures paper trading. Tools of the Trade. Just like in any profession, a futures trader needs certain tools to be successful. These tools keep you informed about market news and the constant stream of new prices. Whether analyzing the markets, peering inside price behavior with a technical indicator, or simply knowing at a glance which markets.

Futures paper trading

How Long Do You Do Paper Trading Before Trading Oil Futures

Futures paper trading. Paper trading the commodities and futures markets might be one of the best ways to get trading experience without putting any of your money at risk. Most new traders struggle when they first venture into the world of trading commodities, so it only makes sense to give your trading skills a trial run first to.

Futures paper trading

United Futures Trading Company, Inc. Fill out the form below. You will have immediate access to download the trading software! Past performance is not indicative of futures results.

The risk of loss exists in futures trading. Your personal information is kept confidential and is not sold to other companies. A chart displays historical data for futures, options and spreads in a graphical format. There are various ways in which the data may be represented.

Here is an example of a chart:. The new way of interacting with the chart allows the user to constantly inspect the bars, while hovering the chart with the mouse and also dragging it, even into the future. Inspecting the bars is always active on mouse moved. From the chart, you can flatten the contract at the market price, cancel the buy or sell orders for the contract or cancel all the orders for the contract.

The buttons are in the lower right part of the frame. If you start typing the symbol of a contract, the "New chart" dialog appears and you can choose a different contract. After this, you have three type of chart settings.

The first the type of the chart depends on the last the limit to control. There are seven chart types: Each of this chart types have different limits which the user can set using the "Limit to" control below. In this module there are four types of data representation data views: A line chart is the simplest chart type.

It's created by drawing lines from one price to another during a time period. The prices used for the line chart are: By default the price used is close. To open this dialog use double click on the status bar, "Lines section". Area chart is similar with line chart. The difference is that the area chart is filled. The prices used for the area chart are: To open this dialog use double click on the status bar, "Area section".

A bar chart shows more data then a line chart. The open, high, low and close price for a chart point are shown simultaneously on a bar chart. When a chart point is created, the first line that is drawn is the open price. Subsequent price movement will produce the high and the low price for the chart point.

The final price for the chart point is close price. When you click the left mouse button, the bar at the same timestamp with the mouse pointer will be highlighted like in the example below.

The same feature is available with the candles chart. By default the size of a bar is small. To open this dialog use double click on the status bar, "Bars section". By a right click on a bar you can report it "bad bar" or you can edit it. A candle chart shows the same information as a bar chart: In plus, the change in price is more evident on this type of chart because the difference between the open and close is shown in a graphical way.

In the following example, the OC color is red. The color of candles can be changed. It can be opened by double-clicking on the status bar, "Candles section". By a right click on a candle you can report it "Bad bar" or you can edit it. You can have one or more tables with quotes. Each table can contain many rows at least one row. Every row contains data for a specified contract ES, S, Every row is listening for it's contract updates.

When an update comes the cell will be highlighted. For example in the picture below the last for ESZ7 has changed and the cell is highlighted colored in grey. There is drag-and-drop at column level. You can change the order of columns in a table, simple by drag-and-drop. Drag-and-drop at row level allows you to change the order of the rows in a table. Post a previous settlement indicator P for the closing price of the last session for futures quotes. Not to be confused with the P from equity quotes.

Synthetic spreads are an enumerations of contract SM, BO, S for which you apply the formula specified by default: The coefficients are by default 11, 9, This calculates the interest rate for the future contracts by a default formula. If you right click a contract in the quotes monitor board a menu will appear. Here you can choose to Edit or Delete a contract.

Also you can choose to see a Tick Chart or a Volume Chart. By clicking on "Options" you can see the options chain for the specified contract. By clicking on "Price Ladder" you can see the Price Ladder for the specified contract. Click on "All Contracts" and a table with all futures months of the clicked contract will appear. See the figure below. You can hide the shortcuts bar to save some space on the screen. In the bottom there are three buttons: Single click on one button will change the content of the desktop shortcuts bar.

If you press the "Frames" button for instance, the content will contain buttons that links all the module types in the application. Single click on that button will create a new frame of that type. For example you can create a new "Chart" frame by single click on the "Charts" button. The frame will be created as a new internal frame.

Starting with version v1. To expand the workspace choose small icons and a small width for the shortcuts bar like in the picture from the right. You can add or remove items from the shortcuts bar if you make a right click on the "Desktop Shortcuts Bar". After this, the "Customize" option will appear see the figure at the right. If you click on it, the "Desktop Shortcut Bar Dialog" will open. From the first button you can hide the title bar, to save some space on the screen, it will change into "Show title bar".

If you want to see the title bar again keep the cursor on the top of the frame a few seconds. The second button "Switch to persistent frame" will change the frame in a persistent frame. A persistent frame is a frame that is shown in all workspaces. This will change into "Switch to regular frame" from where you can set the frame to be a normal frame. A normal frame is a frame attached to it's workspace. A persistent frame will have at the end of the title name "- P", from persistent.

The third button will change the frame into an external frame, this button will change into "Switch to internal frame" that will do the reverse operation. The last ones are the three standard frame buttons: The Workspace panel contains one or more workspaces. You can change the order of the workspaces in the workspace panel by drag-and-drop. On logout, if you save the settings, the order of the workspaces will be saved too. Workspaces are named by default: You can change the name of a workspace using double click on the workspace name.

Check the cable connection. Past performance is not necessarily indicative of future results and the risk of loss does exist in futures trading. All trading rates quoted per side. Applicable exchange, regulatory, and brokerage fees apply to rates shown. Please email webmaster unitedfutures.

Open An Account Now Online! Some of the futures trading platform features. Charts A chart displays historical data for futures, options and spreads in a graphical format.


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