4Futures Markets 101—Understanding the BasicMechanics of the Futures andCommodity Markets

To the brave man every land is a native country.GREEK PROVERB

The World Beyond Stocks: Why Is It Important?

We’ve covered why markets move, how traders sabotage themselves, and what to do with your computer. That was the equivalent of prep school. It’s time for you to graduate and start looking at the markets. Deciding what markets to trade is critically important. The reality is, some markets offer much better opportunities than others. Where would you rather open up a hot-dog stand—inside Yankee Stadium or at the side of a dirt road in the middle of Nebraska?

I wrote this chapter specifically for stock traders who have never ventured beyond those borders ...

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