The essential guide to trading futures, without all the fuss
This uncomplicated guide for beginners proves that you don’t
have to be a financial wizard to successfully trade futures . . .
and you don’t have to hire a financial advisor to tell you what to
do either. Instead, Futures Made Simple outlines the basic
strategies that even novice investors can use to make money with
futures. The book lays just what you need to know–what
futures are, how the exchanges work, how to analyse the markets,
and how to trade futures either on- or offline.
* An excellent entry-level guide to futures trading
* Written by a successful trader with almost two decades of
experience in equities, futures, options, and other vehicles
* Features easy-to-understand examples and bulleted summaries of
key points to make learning simple
For investors at any level of experience who want to move into
futures trading, Futures Made Simple offers expert advice
and fundamental guidance for profitable investing.
Inhoudsopgave
About the author v
Acknowledgements vii
Foreword ix
Preface xi
Part I: Trading futures — principles and practice
1
1 The history and evolution of futures exchanges 3
2 How futures work 15
3 Who trades futures and why 37
4 Trading mechanics 67
5 Risk and money management 105
Part II: Natural commodity futures contracts 127
6 Grains 129
7 Food and fibre — the ‘softs’ 157
8 Livestock — the meats 183
9 Energy markets 199
10 Metals 221
Part III: Financial markets futures contracts 243
11 Interest rates futures 245
12 Equity index futures 265
Glossary 291
Useful websites 297
Index 298
Over de auteur
Kel Butcher is a financial markets trader and consultant
with more than 20 years’ experience trading shares, futures,
options, warrants, CFDs and Forex. Kel is a regular contributor to
Your Trading Edge Magazine and is the author of Forex Made
Simple, A Step-by-Step Guide to Buying and Selling Shares
Online and 20 Most Common Trading Mistakes.