Rookie Education

What Can You Trade with Futures? Members Public

Futures contracts aren't just about trading stocks—they offer access to a vast and diverse range of markets, including stock indices (like the S&P 500), commodities (like gold, oil, corn, and coffee), currencies (like the Euro or Japanese Yen), interest rates, and even cryptocurrencies. This broad

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Rookie Education

Why Futures Trading Can Be Exciting (and Risky!) Members Public

Futures trading is often described as one of the most exciting and potentially rewarding—but also one of the riskiest—forms of financial speculation. The combination of high leverage, rapid price movements, and 24/7 market access creates an environment where fortunes can be made or lost in a matter

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Rookie Education

How Futures Are Different from Stocks Members Public

While both futures and stocks allow you to participate in financial markets, they are fundamentally different instruments with distinct characteristics. Stocks represent ownership in a company, while futures are contracts to buy or sell a commodity or financial instrument at a future date. Futures trading is generally faster-paced, uses more

Sambit Tripathy
Sambit Tripathy
Rookie Education

What Are Futures Contracts? Members Public

Futures contracts are agreements to buy or sell a specific asset (like oil, gold, corn, or even stock indices) at a predetermined price on a future date. Think of it as making a promise today to buy or sell something at a set price tomorrow. Unlike stocks, where you'

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Rookie Education

Your First 0DTE Trading Plan – Ready, Set, Trade Members Public

A 0DTE trading plan is a comprehensive, written document that outlines your complete approach to trading options that expire the same day. Unlike general trading guidelines, a proper 0DTE plan addresses the unique challenges of compressed timeframes, accelerated time decay, and the specific market dynamics that occur within a single

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Rookie Education

Top Rookie Mistakes in 0DTE (and How to Avoid Them) Members Public

Rookie mistakes in 0DTE options trading are common pitfalls that new traders repeatedly fall into, often resulting in significant losses or missed opportunities. Unlike longer-term options trading, where you might have days or weeks to recover from errors, 0DTE trading compresses the entire lifecycle into hours or even minutes, magnifying

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Rookie Education

Case Study: Morning Breakout Win vs Afternoon Chop Members Public

The intraday market structure often follows predictable patterns that significantly impact 0DTE options trading success. One of the most consistent patterns is the contrast between morning directional moves and afternoon consolidation. During the first 1-2 hours of trading, markets frequently make their largest directional moves of the day, creating excellent

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Rookie Education

Journaling and Reviewing Your 0DTE Trades Members Public

Trade journaling is the systematic practice of recording and analyzing your trading activities, including the setup, execution, outcome, and your thought process for each trade. For 0DTE options trading, where decisions happen rapidly and outcomes materialize within hours, maintaining a detailed journal is particularly valuable. It transforms fleeting experiences into

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Rookie Education