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Understanding Futures Trading
2011-12-14
When you hear about futures trading, two things usually come into your mind, the very rich people and the extraordinary financial risk.  Futures are deals and agreements for the delivery of specified amounts of a certain products and services, on a certain date in the future.  Most common commodities involve in futures trading are agricultural goods such as wheat, pork bellies, fruit juice concentrate, or any agricultural products.  But futures trading are not only limited to agricultural products, but may involve precious metals, currencies, or even interest rates, are also traded and exchanged. Futures trading is considered as another form of investing.  But unlike any other investments, one is not required to own or even buy the commodity.  All that is needed or necessary is to make an assumption on where the price of a particular commodity is going, and make a decision based on that.  Futures trading works like this, if you are the investor and you think that a certain goods or commodity%u2019s price will go up, you will buy that commodity%u2019s contract.  But if you are expecting and speculating that the price will be going down, you would sell the goods and commodities futures.  Speculators are trading the great majority contracts exchanged in futures trading, who clear up their position before the contract expires, compelling either with a profit or a loss from the transaction.    Generally, the delivery of the commodity is not then the responsibility of the investor but the speculator makes it easier for those who need to deliver or take delivery of commodities, to plan for the future.
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