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:
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The #1 reference for futures traders everywhere ... now updated!
Everything You Need to Know to Become a Knowledgeable, Profitable Futures Trader
Starting Out In Futures Trading has become renowned for explaining the futures industry to beginners and veterans alike in simple, straightforward languageand giving futures traders the answers they need in one easy-to-use, fingertip reference. This substantially revised edition reflects on the many new forces shaping the industry and carrying futures trading into the new millennium.
From how to open an account to the emergence of electronic trading and the Internet, Starting Out In Futures Trading, Sixth Edition, will provide you with market-tested, hands-on information about every important aspect of futures trading, including:
How to place an order...techniques to develop a trading plan...new rules and regulations...Starting Out in Futures Trading, Sixth Edition, leaves no stone unturned in presenting you with an accurate, practical, and up-to-date look inside the world of futures trading. It remains the number-one guide for new traders looking to learn all about the futures marketand the preferred reference for all traders.
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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