Futures and Indices

A rules-first approach for index futures, where position size is counted in contracts.

When to use it#

• You trade index futures or index CFDs.
• You want sizing in contracts on the label.

Settings#

Anything not listed stays on its default. See the Full Settings Reference for every option.

Step by step#

1. 1
   Trade the cash session hours

   Index futures are busiest when the underlying market is open.
2. 2
   Respect the contract size

   If the label shows less than one contract, the trade is too big for your risk. Use a micro contract or skip it.
3. 3
   Take signals with room past yesterday's levels

   Previous day high and low are watched by many traders.

Managing the trade#

• With multiple contracts, scale out one at each target.
• With one contract, choose one target in advance and stick to it.

When to skip it#

• The label shows a size below your smallest available contract.
• Major economic data is due.

Common mistakes#

• Rounding size up instead of down.
• Trading overnight sessions with day-session settings.

Related playbooks#