Futures Trader

[mkjuk]

I'm applying for a position as a trainee futures trader but the following questions have me a little stuck. Any traders out there wanna give me a quick helping hand on the following 3 Q's

A trader who identifies a moving pattern during the day and attempts to buy at bottoms and sell at tops is known as (I'm guessing the first)

A directional trader
A scalper



Which of these statements do you least agree with

Taking risks is a feature of successful trading
Managing risk is a feature of successful trading
Understanding risk is a feature of successful trading


What makes you think you would be a good futures trader?

[El D]

A directional trader.

The first - taking risk is a feature of trading full stop - the other two relate more to successful trading.

Ability to react and adapt - the market is always right.

I don't trade full time but hope to at some point. There's a ateep learning curve.

[sirus247176]

Hi
I see you are applying to REFCO, you should know the answers to the above questions yourself. Trust me if they call you up for an interview they may expect you to know any obscure bits of information concerning the finical markets