Starting Out in Futures Trading

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Probus Publishing Company, 1993 - Business & Economics - 381 pages
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"One of the best-known futures traders explains how to trade for profit in today's global futures marketplace" Look into the bookcase of any successful futures trader, and odds are you'll find a worn, well-used copy of Mark Powers's Starting Out In Futures Trading. In this new edition the best-selling book's first update since 1993 Powers reflects on the many new forces that are shaping the industry. From new rules and regulations to the emergence of electronic trading and the Internet, Powers's unquestioned knowledge and experience cover all the key basics in the world of futures trading and show traders from novice to veteran how to profit in that world. The perfect starting point for a new trader, and a valuable refresher for anyone, Starting Out In Futures Trading, Sixth Edition, covers: How to choose a broker and place an order The increased importance of stock indices New research, rules, and regulations

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Contents

Speculation Is Not a FourLetter Word
21
Managed FuturesA Good Alternative
27
Commodity Index Futures
45
Copyright

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About the author (1993)

Mark Powers is one of the futures industry's most respected and influential figures. A key participant in drafting many of the original contract specifications for trading currency and financial derivatives, Powers is the CEO of Powers and Dubin Asset Allocation and Management and former editor of "The Journal of Futures Markets," He also served as chief economist for the Commodity Futures Trading Commission and has contributed his expertise as a director on numerous futures exchanges.

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