Trading Futures For Dummies
Chapter One
The Ins and Outs
of Trading Futures
In This Chapter
* Finding out who trades futures and what makes them successful
* Gathering your trading tools and know-how
* Checking out market analysis, short trades, and money management
* Understanding the effects of a global economy
* Discovering how much fun trading can be
If you're one of those people who look at their mutual fund portfolios once
a year and wonder how the results came about, futures trading isn't for
you - at least until you make some changes in how you view the financial
markets. Much of what the average person believes to be true is not applicable
to the financial markets. One example is how sometimes the stock market
rallies when people lose their jobs. The reason is that sometimes job losses
lead to lower interest rates from central banks. And lower interest rates tend
to be a good thing for the stock market at some point in the future.
In other words, as a trader, you need a different mind-set than that of ... read full excerpt from Trading Futures For Dummies ebook
