Hubert Senters here.
Let’s talk about the importance of picking the correct contract month when you’re trading months. Now, there’s only four months that you have to remember. It’s not that complicated but it really is important if you are going to day trade, swing trade or hold them for more than a couple of days.
In this example, I’m showing you a trade that I’ve been in for a couple of weeks now two or three weeks. And I know that it’s going to expire or I’m more be forced. Yes to force to roll over the position in June either the first of the second week in June which is in about anywhere from two to three weeks away depending on how the brokerage firms roll their contracts over.
So in this case in the TY, I am in the TYM18 which is in the June contract which means I’m training June up until the second Tuesday of June. Now, some brokerage firms are acquiring firms will make you roll earlier anywhere from a week to two weeks earlier. So if I was initiating a new trade then what I’d want to do is I would want to make sure that I’m trading the September contract.
That way I have it from now which is May 19th of the recording of this video until the second week in September. Does that makes sense? Hopefully, it does.
I am going to be doing a special webinar on ‘’How I made $6,281.25 in 10 days Risking only $312.50” in total. It will be Wednesday. May 23rd at 8PM EST.
Good luck. Hope it helps. And I will HYPERLINK you to this page.
Hubert.
