Getting Started in Futures, 3rd Edition [Paperback]

Todd Lofton (Author)

Book Description

Publication Date: June 17, 1997 | ISBN-10: 0471177598 | ISBN-13: 978-0471177593 | Edition: 3

This is a popular and accessible introduction to using futures for the individual investor. The new edition is completely updated and contains all new examples, charts, and timely additions to reflect important changes in the markets.

Editorial Reviews

From the Back Cover

This accessible and user-friendly guide is ideal for investors who are new to futures. Covering the full range of markets, from grains and metals to petroleum and financial futures, Getting Started in Futures tells you in plain, simple terms how margins are set, how an order is handled in the trading pit, the steps a producer or user must take to effectively hedge a cash commodity, and how to use the futures markets to your own personal or business advantage.

Covers new futures contracts, such as one-month LIBOR futures on the International Monetary Market

• Includes specific, market-proven techniques for price forecasting
• Provides clear guidelines for effective money management
• Explains the different futures market orders and how they are used
• Tells you where each major commodity is produced, who makes it, and what factors affect its supply and demand
• Details on futures and the Internet —tapping into price charts, research reports, intraday and closing prices, and much more

About the Author

TODD LOFTON is a past member of the Chicago Board Options Exchange and a popular speaker and writer on the subject of futures. He was president of Investor Publications, and the first publisher and editor of Commodities (now Futures) Magazine. Mr. Lofton received his master's degree in financial management from the U.S. Naval Postgraduate School.

Product Details

• Paperback: 288 pages
• Publisher: Wiley; 3 edition (June 17, 1997)
• Language: English
• ISBN-10: 0471177598
• ISBN-13: 978-0471177593
• Product Dimensions: 9.2 x 6.1 x 0.7 inches
• Shipping Weight: 1.2 pounds
• Average Customer Review: 3.8 out of 5 stars  See all reviews (8 customer reviews)
• Amazon Best Sellers Rank: #2,867,809 in Books (See Top 100 in Books)

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Customer Reviews

Most Helpful Customer Reviews

13 of 13 people found the following review helpful:

5.0 out of 5 stars A must read for futures beginners, November 24, 2000

By 

Ina Lee (San Jose, CA) - See all my reviews
(REAL NAME)   

This review is from: Getting Started in Futures, 3rd Edition (Paperback)

I've read many futures trading books and I think this is "the" best book for beginners. The language is easy to understand and the author explained things step by step in a very organized matter. If you ever consider learning about futures, this is the book you have to read. I still use it as reference and it's one of my favorite books.

10 of 10 people found the following review helpful:

5.0 out of 5 stars Good Stuff, February 1, 2000

By A Customer

This review is from: Getting Started in Futures, 3rd Edition (Paperback)

Thank you Todd Lofton. I cannot tell you how relieved I was when I read your book. Having to learn an awful lot about futures trading for a new job fairly quickly, this book was a godsend. I first learned about it from a "strong buy" recommendation at tradingmarkets.com. Between the two, I have made my boss a very happy camper.

8 of 8 people found the following review helpful:

5.0 out of 5 stars Great Book for Beginners; An Easy To Understand Primer, December 12, 1998

By 

[e-mail] (Detroit, Mich) - See all my reviews

This review is from: Getting Started in Futures, 3rd Edition (Paperback)

This is an excellent book that I recommend to anyone just getting started in learning about futures. The author writes in wonderful detail, and makes it easy for a person to understand the basics of the futures markets. This book is *the* place to start - it's a must read for beginners.