Synopses & Reviews
The days of buying and holding stocks and mutual funds for years are gone; nowadays, futures and option markets offer some of the best opportunities to make money trading in volatile times. But like all investments, high risk is involved, and in order to become a successful trader you must be prepared to work as a geopolitical analyst, a money manager, and an expert in all types of commodity markets.
Futures & Options For Dummies will show you how trading is done and how to survive and succeed in these ever-changing markets. Filled with nuts-and-bolts advice, you’ll soon discover how to manage the risks involved and reap the rewards of futures and options trading. This straightforward guide gives you the tools you need to understand:
- Ins and outs of trading futures and options
- How to analyze the markets and develop strategies
- Interest-rate futures and speculating with currencies
- How to stock up on indexes
- The direction of commodity futures
- Organizing your financial data and calculating your worth
- Developing strategies now to avoid pain later
- The execution of successful trades
Trading takes an iron-cast stomach and nerves of steel to perform, and this book features ways to keep yourself sane and secure. It also lists resourceful Web sites, commodity exchanges, books, newsletters, and magazines to assist in your trading endeavors. From technical analysis to finding a broker, Futures & Options For Dummies has all the information you need to capitalize on these markets!
'I hate books that promise quick riches, and I worry about the late-night TV ads that are enticing naive people into trading futures, currencies and commodities. All of these devices can be useful in experienced hands, but if you see a novice getting sucked into the hype, give them a book such as "Commodities for Dummies" or "Futures and Options for Dummies."' Gail MarksJarvis, Chicago Tribune
"Futures & Options For Dummies informs readers about the types of futers readers can invest in and research, how to use technical analyses in relation to the futures and options market, how to safely invest in managed future funds, and basic information on financial futures and commodities. In addition, the book explains the risks and rewards involved in future trading, covers helpful pointers and tips, shares advice on how to look for a broker, and walks the reader through making a trade.
The investor's friendly, easy guide to getting to know futures and options
Futures & Options For Dummies offers information about the types of futures readers can invest in and research, how to use technical analyses in relation to the futures and options market, how to safely invest in managed future funds, and basic information on financial futures and commodities. In addition, the book explains the risks and rewards involved in futures trading, offers helpful pointers and tips, shares advice on how to look for a broker, and walks the reader through making a trade. Investors, day traders, and stock owners who want a good, but not too technical, take on futures and options will love this simple, friendly guide.
Joe Duarte, MD (Dallas, TX), is a registered investment advisor, and President of River Willow Capital Management, where he manages individual client accounts.
Earn more money — start trading futures and options
Packed with helpful information on the futures market
Even experienced investors need help understanding the world of futures and options. Thankfully, Futures & Options For Dummies explains all the risks and rewards in futures trading, and gives you nuts-and-bolts advice for getting started. From technical analysis to finding a broker, this straightforward, easy-to-read guide covers it all.
Discover how to
- Choose the right broker
- Analyze market data
- Develop effective stock option strategies
- Trade financial and commodities futures
- Use market sentiment to your advantage
About the Author
Dr. Joe Duarte
is a widely read market analyst, writer, and an active trader. His daily Market IQ column is read by thousands of investors, futures and stock traders, information seekers, intelligence aficionados, and professionals around the world.
Dr. Duarte is well recognized as a geopolitical and financial market analyst combining a unique set of viewpoints into an original blend of solutions for his audience. His daily columns appear at www.joe-duarte.com and are syndicated worldwide by FinancialWire.
He is author of Successful Energy Sector Investing, Successful Biotech Investing, Futures and Options For Dummies,and coauthor of After-Hours Trading Made Easy.
Table of Contents
Part I: Understanding the Financial Markets.
Chapter 1: The Ins and Outs of Trading Futures and Options.
Chapter 2: Where Money Comes From.
Chapter 3: The Futures Markets.
Chapter 4: Understanding the Not-So-Hair-Raising Truth about Options.
Chapter 5: Yeah Baby! Basic Stock Option Strategies.
Part II: Analyzing the Markets.
Chapter 6: Understanding the Fundamentals of the Economy.
Chapter 7: Getting Technical Without Getting Tense.
Chapter 8: Speculating Strategies That Use Advanced Technical Analysis.
Chapter 9: Trading with Feeling Now!
Part III: Financial Futures.
Chapter 10: Wagging the Dog: Interest-Rate Futures.
Chapter 11: Rocking and Rolling: Speculating with Currencies.
Chapter 12: Stocking Up on Indexes.
Part IV: Commodity Futures.
Chapter 13: Getting Slick and Slimy: Understanding Energy Futures.
Chapter 14: Getting Metallic without Getting Heavy.
Chapter 15: Getting to the Meat of the Markets: Livestock and More.
Chapter 16: The Bumpy Truth about Agricultural Markets.
Part V: The Trading Plan.
Chapter 17: Trading with a Plan Today So You Can Do It Again Tomorrow.
Chapter 18: Looking for Balance Between the Sheets.
Chapter 19: Developing Strategies Now to Avoid Pain Later.
Chapter 20: Executing Successful Trades.
Part VI: The Part of Tens.
Chapter 21: Ten Killer Rules to Keep You Sane and Solvent.
Chapter 22: More Than Ten Additional Resources.