Winning with Futures : The Smart Way to Recognize Opportunities, Calculate Risk, and Maximize Profits

Whether dealing in coffee, wheat, pork bellies, silver or gold, any buyer investing in commodities is trading in the futures market. For the investor, the goal is to make money when that commodity either gains or loses in value. Winning with Futures demystifies the market, with all of its risks and opportunities, and enables readers to make the most informed decisions when betting on the outcome of a product. With easy-to-follow, practical advice, Michael C. Thomsett teaches novice investors to select the best commodities—from energy and imports to financial futures; manage risks effectively while diversifying their portfolios; and avoid selling at the wrong time. Complete with a history of the futures market as well as an evaluation of the risks involved for all types of futures, this book will help every investor make far better predictions and much bigger profits. "Whether you're dealing in oil, coffee, wheat, pork bellies, silver, or gold, if you're investing in commodities, you're trading in the futures market. And you want to make big money when that commodity either gains or loses in value. Winning with Futures demystifies the market, with all of its risks and opportunities, and enables you to make the most informed decisions when betting on the outcome of a product. In Winning with Futures, Thomsett guides and shows you a way of forecasting outcomes. Complete with a history of the futures market as well as an evaluation of the risks involved for all types of futures, this book will help every investor understand the opportunities of an enticing investment vehicle to make bigger profits."--BOOK JACKET What Is A Futures Contract? -- How Futures Trades Are Made -- Reading Futures Prices -- Risk Levels Of Futures -- Order Placement -- Fundamental Analysis Of Futures -- Technical Analysis Of Futures -- The Leveraged Approach: Options On Futures -- The Energy Market -- Agriculture -- Livestock -- Precious Metals -- Imports And Tropical Products -- Financial, Index, And Stock Futures. Michael C. Thomsett. Includes Index. Investing in futures can be rewarding and exciting, but it doesn't have to be risky.