Courses 1Lesson 1

taking delivery.  Rather, their interest is in playing market swings for dollar

profits.

•

There are many common objections to futures trading.  Some have merit, others

are not well-founded.

•

There are specific methods, systems and procedures used in futures trading

designed to reduce its inherent risk, a majority of which have been time-tested.

•

Futures trading involves considerable risk.  However, this risk can be greatly

reduced by consistent application of various principles.

•

Futures trading can be an excellent vehicle for immense profit, or it can be a

dangerous tool for financial ruin.  Those who win often attribute their success to

an attitude, which reflects self-discipline, courage, consistency, persistence,

specific trading techniques and a willingness to learn from mistakes.