"If you've never traded futures but would like to, this book is highly recommended. An excellent introduction to the futures markets and also a useful reference source for the seasoned trader."
--Thomas E. Aspray, Editorial Director and Chief Analyst, Traders' Library "No one explains complex financial strategies as clearly and intelligently as Todd Lofton. If you're intrigued by the possibility of making money in the futures markets, Getting Started in Futures is the very best place to start your education."
--Karl Weber, coauthor (with Jonathan M. Tisch) of The Power of We: Succeeding Through Partnerships
Getting Started in Futures explains in simple, easy-to-understand terms everything you need to know to start trading futures successfully. You'll learn how to forecast prices, how hedging works, and how to take advantage of new electronic trading opportunities. The updated Fifth Edition includes discussions on the increasingly important role of futures markets in foreign currencies, equity indexes, interest rates, and proper money management. You'll also fin a complete chapter on single-stock futures -- the newest financial futures market. Order your copy today!
Table of Contents:
Preface vii
Chapter 1: Introduction 1
Chapter 2: Basic Terms and Concepts 3
Chapter 3: Futures Markets Today 11
Chapter 4: The Speculator 21
Chapter 5: The Hedger 27
Chapter 6: The Green Stuff 31
Chapter 7: The Orders 39
Chapter 8: The Arena 47
Chapter 9: Fundamental Analysis 53
Chapter 10: Technical Analysis 61
Chapter 11: Hedging Revisited 89
Chapter 12: The Financial Futures 99
Chapter 13: Single-Stock Futures 123
Chapter 14: Money Management for Speculators 131
Chapter 15: Futures Options 141
Chapter 16: Rules and Regulations 169
Chapter 17: Contracts in Brief 175
Chapter 18: Discover Electricity 217
Chapter 19: Trading Futures Electronically 227
Chapter 20: Day Trading 233
Appendix A: More Chart Patterns and What They Mean 241
Appendix B: More About Point-and-Figure Charts 255
Appendix C: More About Moving Averages 261
Appendix D: More About Stochastics and Relative Strength 265
Appendix E: Single-Stock Futures Traded on OneChicago 269
Appendix F: Single-Stock Futures Traded on LIFFE CONNECT 273
Appendix G: Overseas Futures Markets 277
Appendix H: Firms with Direct Access for Electronic Trading 279
Index 281
About the Author :
Todd Lofton is a past member of the Chicago Board Options Exchange and a popular seminar speaker and writer on the subject of futures. He was president of Investor Publications, and the first publisher and editor of Futures magazine. Mr. Lofton received his master's degree in financial management from the U.S. Naval Postgraduate School.
