The futures industry has had a tough couple of years, and with each storm there has been a dire warning that people will abandon it in droves. But the futures industry, particularly in Chicago, has faced many challenges and usually comes out the other end stronger through its ability to innovate.
Is Bitcoin a "futures contract?" Maybe. A futures contract is not defined in the CEA specifically, but it has been defined in the courts as a commitment to deliver or receive an asset - including U.S. dollars - in the future at a pre-agreed price.
The world of technical analysis is complex, but with a working knowledge can be applied to virtually any market. Here we introduce you to 10 important rules of technical trading first described by technical trading legend John J. Murphy.
How hard can it be to capture a 50 cent move in crude oil with a one-lot for a $500 profit throughout the course of a trading session? It sounds so easy. But, one of the major issues traders encounter is one of the seven deadly sins — GREED.
With a spread, you follow the relationship, or difference between the contracts, without having to pick a market direction. When you trade an outright futures position there is only one way that you can make money.
The aftermath of the Depression in Europe gives a vivid demonstration of the power of monetary policy. One group of countries stayed on the gold standard; others came off and devalued their currencies.