Synopses & Reviews
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.
Futures Made Simple is the essential guide for anyone who wants to make money trading futures, without all the fuss.
The futures market is a truly global trading arena with no boundaries or borders. You don’t have to be a financial wizard — or hire a financial adviser — to be successful. In Futures Made Simple you will discover the key strategies that even a novice trader can use to make money trading futures.
Inside you’ll find information on:
- trading in a global market
- types of futures contracts
- factors affecting contract price
- hedging and speculating
- trading both rising and falling markets
- order types, including stop and limit orders
- choosing and using a broker
- money and risk management.
If you’re ready to break into the futures market and maximise your success without all the stress, this is the book for you.
About the Author
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 YourTradingEdge 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.
Table of Contents
About the author v
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
Useful websites 297