Ground Rules for Speculators Using Hedging Techniques As a Risk Management Strategy
Who Is Called a Speculator?
Analyzing Your Opponents and the Market
There can be no doubt that an extraordinary number of first-time e-mini traders are finished with trading within three months. To be sure, various statistics put the failure rate upward of 90%. Surely there must be some reason for this extraordinary rate of failure.Futures predate stocks by several thousand years. One of the earliest recognized futures transactions was the Chinese rice futures of 6,000 years ago. In the seventeenth century, Japan instituted the first organized rice futures exchange. Japanese merchants would store rice in warehouses for future use. Warehouse holders would in turn sell receipts against the stored rice.