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Getting Started in Futures
 
 
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Getting Started in Futures [Paperback]

Todd Lofton (Author)
3.8 out of 5 stars  See all reviews (8 customer reviews)

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Book Description

September 9, 2005 0471732923 978-0471732921 5
"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

"No one explains complex financial strategies as clearly and intelligently as Todd Lofton. If you're intrigued by the possibility of making money in the futures markets, Getting Started in Futures is the very best place to start your education."
--Karl Weber, coauthor (with Jonathan M. Tisch) of The Power of We: Succeeding Through Partnerships

Getting Started in Futures explains in simple, easy-to-understand terms everything you need to know to start trading futures successfully. You'll learn how to forecast prices, how hedging works, and how to take advantage of new electronic trading opportunities. The updated Fifth Edition includes discussions on the increasingly important role of futures markets in foreign currencies, equity indexes, interest rates, and proper money management. You'll also fin a complete chapter on single-stock futures -- the newest financial futures market. Order your copy today!


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Editorial Reviews

From the Back Cover

EVERYTHING YOU NEED TO KNOW ABOUT THE FUTURES MARKET

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

"No one explains complex financial strategies as clearly and intelligently as Todd Lofton. If you're intrigued by the possibility of making money in the futures markets, Getting Started in Futures is the very best place to start your education."
—Karl Weber, coauthor (with Jonathan M. Tisch) of The Power of We: Succeeding Through Partnerships

Getting Started in Futures explains in simple, easy-to-understand terms everything you need to know to start trading futures successfully. This book explains how to forecast prices, how hedging works, and how to take advantage of new electronic trading opportunities. This updated Fifth Edition discusses the increasingly important role of futures markets in foreign currencies, equity indexes, interest rates, and proper money management. There is also a complete chapter on single-stock futures—the newest financial futures market.

About the Author

Todd Lofton is a past member of the Chicago Board Options Exchange and a popular seminar 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: 284 pages
  • Publisher: Wiley; 5 edition (September 9, 2005)
  • Language: English
  • ISBN-10: 0471732923
  • ISBN-13: 978-0471732921
  • Product Dimensions: 9.3 x 6.2 x 0.6 inches
  • Shipping Weight: 12.8 ounces (View shipping rates and policies)
  • Average Customer Review: 3.8 out of 5 stars  See all reviews (8 customer reviews)
  • Amazon Best Sellers Rank: #289,709 in Books (See Top 100 in Books)

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Customer Reviews

Most Helpful Customer Reviews
13 of 14 people found the following review helpful
By Ina Lee
Format: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.
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10 of 11 people found the following review helpful
Good Stuff February 1, 2000
By A Customer
Format: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.
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8 of 9 people found the following review helpful
Format: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.
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Inside This Book (learn more)
First Sentence:
Suppose that you and I lived in rural Iowa. Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
underlying futures price, bearish put spread, minimum tick, cash cotton, striking price, short futures position, delivery months, cocoa futures, long futures position, short hedge, daily price limit, light sweet crude oil, contract size, original margin, soybean prices, long hedge, opening transaction, actual commodity, cash corn, copper futures, crude oil futures, open interest, cash side, corn futures, tures contract
Key Phrases - Capitalized Phrases (CAPs): (learn more)
United States, New York, Smart Investor Tip, December Price, Suggested Reading, Chicago Board of Trade, Commodity Research Bureau, Futures Perspective, Chicago Mercantile Exchange, December T-bond, Kansas City, Federal Reserve, Johnston Company, Commodity Futures Trading Commission, Ginnie Mae, Department of Commerce, Full-size Futures Contract Minimum, Call July, Department of Agriculture, Put June, Buy T-bond, London Interbank Offered Rate, Stock Average, Bristol Myers, Economic Research Service
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