Educational Trading Programs

[kevinfeeder 10]

I'm new to trading the futures market and i've been researching different trading programs, Secrets of Traders, LBR, DTI, etc. does anyone have insight as to which is better for a novice?

[trader273 10]

Sign up for secrets of traders and you will get emails of the previous days trades. DTI has something on there website where you can see what trades they took that day. I would recommend just getting some basic TA books and a lot of screen time. All of these services are around the $500/month, plus your charting and data, and commissions you'd be lucky to break-even. I look at these websites sometimes and are not really impressed. Take yesterday from DTI:

Sold 3 Dow @ 12419, Bought 1 @ 12418, 1 @ 12416, 1 @ 12411.

 

12pts on 3 cts, thats only 4pts per contract. That is assuming you can and are willing to trade in multiple contracts (not recommended for newbies). Plus who knows how much the stop was for. If you are going to go this route I would be very skeptical of anything these sites claim.