All posts by: Tim Racette

About Tim Racette
Tim is a full-time trader in the futures and stock markets and founder of He is also a Chicago-land native, competitive mountain biker, adventurer, and ASU Sun Devil.

The 10 Top Traders Who Have Influenced Me the Most

We’ve all experienced the effect of a mentor, whether it is a teacher, coach, or colleague. These are the 10 top traders that have played the biggest role in my trading, both as an inspiration and through their teachings.

How Futures Work

Whether you are new to futures trading, or been trading futures for years, it is imperative that you fully understand the fundamentals of how the market works. Here I’ve outlined some basic concepts along with specific details of the S&P500 (SP) and the E-mini S&P (ES).

Ideas for Building Your Personal Trading Journal

The main reason people fail at a new venture is a lack of experience. Entering the world of trading, you are up against the best and brightest minds in the world that have years and year of experience on top of you. The #1 tool that can help speed up the learning curve is the implementation and use of a trading journal.

A Comprehensive Guide to Creating Your Own Trading Plan

Here are some links to my 2009 Trader’s Expo presentation on Creating A Trading Plan. Feel free to use them as a GUIDELINE.

You will find them most helpful if you modify them to fit your own personality. They are yours to use for free.

Why Trade Futures?

Price speculation has been around for hundreds of years; long before the existence of electronically traded markets like the NASDAQ and CME Globex. Ironically the fundamentals of trading have not changed, what has changed are the vehicles in which we use to trade.

What’s Your Trading Story?

What’s your traing story? Everybody has one. I’d like us to get to know each other on the blog. Post a new comment below on how trading has changed your life or what your journey has been like, I look forward to reading about your trading journey!

Top 5 Podcasts for Traders

The following are some of the best Podcasts for traders on the subjects of Trading, Trading Strategies, Economics, Libertarianism, Real Estate, and Entrepreneurship. EconTalk Trader Interviews Bloomberg on the Economy The Real Estate Guys Entrepreneurial Thought Leaders

Futures Trading, For a Living — helps ambitious people trade futures for a living. The trader’s mindset can be applied to all aspects of life helping to achieve a successful and fulfilling life.