Winning With Futures: The Smart Way to Recognize Opportunities, Calculate Risk, and Maximize Profits

In Winning with Futures, you find a comprehensive but basic introduction to this market. The format and presentation are designed to help answer your questions and to find additional resources to expand your study of the futures market.

Introduction:

Both futures and options can be high risk or highly conservative, depending on how they are used. Futures are often perceived as very high risk. However, alternative methods of investing in the futures market can mitigate the risk, and futures can be effective portfolio hedging tools; trading and cyclical choices; and in many situations, used to take advantage of short-term cyclical changes.

The terms ‘‘futures’’ and ‘‘commodities’’ are used interchangeably in the market; however, an accurate definition makes a distinction between all futures contracts, which may be written on a range of commodities as well as financial instruments and market indices. A commodity in the strict sense excludes currencies and indices and is limited to energy, grains and oilseeds, livestock, lumber, precious metals, and imported materials. Winning With Futures is aimed at the novice, including experienced stock market investors with little or no knowledge about the futures market.

The intention of this book is to explain the market in a spectrum of risks and opportunities, so that you will be able to make an informed decision about how to enter this market, and how your own acceptable risk levels match to futures speculation. In Winning with Futures, you will not find technical jargon or complex formulas. You will find basic, nontechnical, and practical advice and information, enabling you to take the next step for yourself.

Contents:

• What Is a Futures Contract?
• How Futures Trades Are Made
• Reading Futures Prices
• Risk Levels of Futures
• Order Placement
• Fundamental Analysis of Futures
• Technical Analysis of Futures
• The Leveraged Approach: Options on Futures
• The Energy Market
• Agriculture
• Livestock
• Precious Metals
• Imports and Tropical Products
• Financial, Index, and Stock Futures

Winning With Futures: The Smart Way to Recognize Opportunities, Calculate Risk, and Maximize Profits By Michael C. Thomsett pdf