From the Back Cover:
"You'll never learn a trade until you learn the tricks of the trade." Futures trading has undergone a dramatic metamorphosis. Regulatory changes have rewritten the trading rules; the emphasis has changed from grains and metals to financial instruments, such as Treasury bonds and foreign currencies; computers and the Internet have made the dissemination and digestion of information widespread and immediate; and commission rates have fallen significantly, benefiting both hedgers and speculators. The Futures game, Third Edition, helps traders prepare for trading today and well into the 21st century. This revised and updated edition of the classic futures traders' guidebook provides valuable, accurate knowledge of: today's important markets. From interest rate and foreign currency futures to worldwide petroleum markets, discover high profit/protection strategies for trading the most popular markets! Hedging versus speculating. These two different motives often have diametrically different strategies. Find out which strategies work best for each. Trading and research software. Discover the most popular and functional software products for both fundamental and technically driven forecasting application. Filled with Hundreds of recent studies and research projects on futures markets, enlightening explanations of recent regulatory changes, and more, The Futures game, Third Edition, provides a complete overview of the game in which global knowledge is now a requirement--and the potential for extraordinary profits continues to climb.
About the Author:
Richard Teweles, Ph.D., is a well-respected consultant and legal advisor in the futures and securities industries, and a retired professor of finance, real estate, and law at California State University at Long Beach. He has served as a brokerage industry executive, and has acted as a consultant to more than 400 brokerage firms, law firms, exchanges, and regulatory agencies. Frank Jones, Ph.D., is Chief Investment Officer for The Guardian Insurance Company. Previously, Dr. Jones served in an executive capacity for the New York Stock ExchangeÕs Options and Index Products Division, the New York Futures Exchange, and the Chicago Mercantile Exchange. Ben Warwick is a CTA and Director of Marketing for Abacus Trading Corporation. A regular contributor to Stocks and Commodities magazine, he is also the author of such notable titles as Event Trading and The Handbook of Managed Futures.
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