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Breaking Into Futures




         Curt Wagaman
PFGBESTโ€™s Futures Training Division
Futures

  โ€ข   Misconceptions and Truths
  โ€ข   Hedgers and Speculators
  โ€ข   Exchanges
  โ€ข   Leverage
  โ€ข   Market Analysis and Strategy
         Formulation
  โ€ข   Testing and Implementation
  โ€ข   Systematic Process
What futures are NOT

  โ€“   Gambling
  โ€“   Get Rich Quick Scheme
  โ€“   Riskless
  โ€“   Rigged
What futures ARE

  โ€“ Vehicles to
    โ€ข   Transfer Risk
    โ€ข   Discover Price
    โ€ข   Speculate
    โ€ข   Diversify
Hedgers and Speculators

 โ€“ Hedgers
   โ€ข Transfer Risk


 โ€“ Speculators
   โ€ข Make Profit
Exchanges

 โ€“ Where Market Participants Come Together
   โ€ข Major Benefits
      โ€“ Standardized Contracts
      โ€“ Flexibility
      โ€“ Liquid Markets
Leverage

 โ€“ Leverage
   โ€ข Double Edged Sword


 โ€“ Margin
   โ€ข Initial
   โ€ข Maintenance
   โ€ข Other
Analysis and Strategy

  โ€“ Market Analysis
    โ€ข Technical โ€“ Charts
    โ€ข Fundamental โ€“ Supply and Demand


  โ€“ Strategy Formulation
    โ€ข Trading Plan
Testing and Implementation
 โ€“ Testing
   โ€ข Simulated
   โ€ข Trade Journal


 โ€“ Implementation
   โ€ข The Process
   โ€ข Discipline
Wrap Up

  โ€ข Summary
     โ€ข Learn the Basics
     โ€ข Analyze Markets
     โ€ข Develop Strategy
     โ€ข Test Strategy
     โ€ข Review Trade Journal
     โ€ข Make Changes

     โ€ข The Process
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Breaking Into Futures with Curt Wagaman

  • 1. Breaking Into Futures Curt Wagaman PFGBESTโ€™s Futures Training Division
  • 2. Futures โ€ข Misconceptions and Truths โ€ข Hedgers and Speculators โ€ข Exchanges โ€ข Leverage โ€ข Market Analysis and Strategy Formulation โ€ข Testing and Implementation โ€ข Systematic Process
  • 3. What futures are NOT โ€“ Gambling โ€“ Get Rich Quick Scheme โ€“ Riskless โ€“ Rigged
  • 4. What futures ARE โ€“ Vehicles to โ€ข Transfer Risk โ€ข Discover Price โ€ข Speculate โ€ข Diversify
  • 5. Hedgers and Speculators โ€“ Hedgers โ€ข Transfer Risk โ€“ Speculators โ€ข Make Profit
  • 6. Exchanges โ€“ Where Market Participants Come Together โ€ข Major Benefits โ€“ Standardized Contracts โ€“ Flexibility โ€“ Liquid Markets
  • 7. Leverage โ€“ Leverage โ€ข Double Edged Sword โ€“ Margin โ€ข Initial โ€ข Maintenance โ€ข Other
  • 8. Analysis and Strategy โ€“ Market Analysis โ€ข Technical โ€“ Charts โ€ข Fundamental โ€“ Supply and Demand โ€“ Strategy Formulation โ€ข Trading Plan
  • 9. Testing and Implementation โ€“ Testing โ€ข Simulated โ€ข Trade Journal โ€“ Implementation โ€ข The Process โ€ข Discipline
  • 10. Wrap Up โ€ข Summary โ€ข Learn the Basics โ€ข Analyze Markets โ€ข Develop Strategy โ€ข Test Strategy โ€ข Review Trade Journal โ€ข Make Changes โ€ข The Process