Need before venturing into futures trading

Excessive Leverage
Leverage works for speculators when price action is favorable, but can work against 
the speculator as well if the market action is not favorable. As a result, it is possible that 
the amount of margin initially pledged against a trading position and the total amount 
of equity in the account can be completely depleted or even be negative because of 
excessive leverage used.
Technology Risk/Internet Trading Risks
There are risks which are associated with utilizing an Internet-based deal execution 
trading system. For example, the failure of hardware, software, and Internet connection 
can happen at any time.

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Document Outline

• Brief History of Futures
  • Function of the exchange
• What are Futures?
  • The Composition of a Future Contract
  • Futures Symbology
  • Product Symbol
  • Delivery Month
  • Year
  • Available Futures Asset Classes
• Notable Futures Terms
  • Arb
  • Arbitrage
  • Contract
  • Contract size
  • Clearing
  • Clearing House
  • Derivative
  • Hedging
  • Limit (Up or Down)
  • Margin Call
  • Market Marker
  • Mark-to-Market
  • Pit
  • Spot Price
  • Tick
• The Marketplace
  • Participants
  • Pit & Electronic Trading
  • Exchanges
  • Regulatory Bodies
• Trading Futures
  • Margin and Leverage
  • Rollover
  • Physical & Cash Settlement
• 5 Trading Tips
• Choosing a Broker
  • Commissions
  • Other fees
  • Broker reputation
  • Customer support
  • Intangibles
• Trading Risks
  • Overtrading
  • Market Risk
  • Liquidity Risk
  • Excessive Leverage
  • Technology Risk/Internet Trading Risks