What is a trader's Guide to futures?

A Trader's Guide to Futures: Guide Author CME Group Subject This is an introductory guide to trading futures that reviews what futures are, who trades futures, why traders trade futures, how a trade works, how traders can get started and a futures quiz.

What is the best book on futures trading for beginners?

Carley offers practical need-to-know, real-world trading tips that are lacking in many books on futures. It will help not only the novice trader, but seasoned veterans as well. This book will serve as a must-have reference in every trader’s library.”

What are futures and how do they work?

Futures contracts lock in the current price of a commodity or stock and define the current fixed cost of the underlying asset and its expiry date. These contracts obligate the buyer to buy and the seller to sell, even if the price goes against the trade. As futures are leveraged, trades can become very profitable or incur a significant loss.

What is the history of trading futures?

In the United States, trading futures began in the mid-19th century with the establishment of central grain markets where farmers could sell their products either for immediate delivery, also called the spot or cash market, or for forward delivery.