The Futures Game: Who Wins, Who Loses, & Why

En savoir plus sur le livre

Since its debut in 1974, this guide has empowered thousands of traders to understand futures markets intelligently. Richard Teweles and Frank Jones have continuously updated their classic text, with the latest edition thoroughly revised to keep all participants—speculators or hedgers, new or veteran—ahead in this fast-paced arena. Merging decades of expertise with innovative research and strategies, this comprehensive resource remains essential for mastering futures trading. The guide begins with a detailed exploration of market fundamentals, including contract nature, organized markets, and the interplay between cash and futures prices. It isolates and analyzes the elements of successful trading, familiarizing readers with profitable decision-making processes. Subsequent chapters delve into specific markets, outlining price determinants and speculative opportunities in currencies, commodities, and stock index futures. "Notes from a Trader" sections offer practical tips and expert guidance to maximize trading benefits. The third edition introduces new research on topics like efficient market hypothesis and analysis techniques, along with a comprehensive list of valuable online resources. It emphasizes financial instruments and innovative strategies for navigating the international market. With revised sections covering the basics, gameplay, broker success, and market selection, this resource is packed with strategies, insigh