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To succeed at futures trading, here are two key strategies to keep in mind:

1. Establish a Solid Trade Plan
A well-thought-out trade plan is crucial in futures trading. This plan should outline your profit objectives, exit strategies, and risk management techniques. 
A good trade plan helps you make informed decisions, rather than emotional ones, and prepares you for potential market fluctuations. Consider setting stop-loss exits and profit exits to limit your risk and maximize your gains.

2. Manage Risk Effectively
Risk management is critical in futures trading. This involves setting stop orders, limiting position sizes, and diversifying your portfolio. By managing risk effectively, you can minimize potential losses and protect your capital. Remember, futures trading involves leverage, which can amplify both profits and losses.


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