Getting Started in Futures, 4th Edition [Paperback]

Todd Lofton (Author)

Book Description

Publication Date: July 13, 2001 | ISBN-10: 047140943X | ISBN-13: 978-0471409434 | Edition: 4

Everything you need to know about the futures market
Getting Started in Futures, Fourth Edition, covers everything investors need to know about the futures market, including how margins are set, how an order is handled in the trading pit, and the steps a producer or user must take to effectively hedge a cash commodity. Featuring new examples, charts, and timely additions to reflect important changes in the markets, the Fourth Edition also includes a new chapter on trading futures online.
Todd Lofton (Great Falls, VA) is a past member of the Chicago Board Options Exchange and a popular speaker and writer on the subject of futures.

Editorial Reviews

From the Back Cover

The easiest way to look into futures

Getting Started in Futures

"If you've never traded futures but would like to, this book is highly recommended. An excellent introduction to the futures markets and also a useful reference source for the seasoned trader."-Thomas E. Aspray, Editorial Director and Chief Analyst, Traders' Library

"Todd Lofton has done it again. This is the definitive primer on the futures markets . . . Getting Started in Futures, Fourth Edition is a must-read for anyone interested in investing in futures."-Robert W. Hafer, Managing Director, Bridge Commodity Research Bureau

"It's simply a great book on futures. Todd Lofton knows how to select the best of everything and turn it into clear, enjoyable reading, filled with practical examples. He's covered the full range from understanding the markets to technical analysis, risk, options, the Internet, and day trading. As a bonus, you come away with a short course in world economics. Even better, it's laced with old-fashioned common sense."-Perry Kaufman, President, Strategic Market Systems, Author of Trading Systems and Methods

"For years, when I've been asked, 'Where do I start to learn about trading commodity futures?', I've said get Todd's book, Getting Started in Futures. The addition of Chapter 18, 'Trading Futures Online,' in this new edition makes it a must for every commodity trader, novice or professional."-Dennis Dunn, President, Dunn & Hargitt Investment Management Inc.

"I found this book on futures markets to be one of the best primers I've ever read about these fascinating financial instruments. It literally opens a window on a unique world of free markets for potential speculators, hedgers, and money managers, as well as students and economists."-William L. Jiler, Retired President of Commodity Research Bureau, Inc., Creator of the CRB Futures Index

Please visit our Web site at www.wileyfinance.com

About the Author

TODD LOFTON is a past member of and floor trader on the Chicago Board of 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 Futures magazine. Mr. Lofton received his master's degree in financial management from the U.S. Naval Postgraduate School.

Product Details

• Paperback: 304 pages
• Publisher: Wiley; 4 edition (July 13, 2001)
• Language: English
• ISBN-10: 047140943X
• ISBN-13: 978-0471409434
• Product Dimensions: 9.3 x 6.4 x 0.8 inches
• Shipping Weight: 1.1 pounds
• Average Customer Review: 3.8 out of 5 stars  See all reviews (8 customer reviews)
• Amazon Best Sellers Rank: #2,379,725 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.