We have always believed that education is a crucial component to the trading experience.

Source: National Futures Association (NFA)

Table of Contents:

1. Introduction
2. Futures Markets: What, Why & Who
3. The Market Participants - Hedgers
4. The Market Participants - Speculators
5. What is a Futures Contract?
6. The Process of Price Discovery
7. After the Closing Bell
8. The Arithmetic of Futures
9. Trading
10. Margins
11. Basic Trading Strategies
12. Participating in Futures Trading
13. Deciding How to Participate
14. Regulation of Futures Trading
15. Establishing an Account
16. What to Look for in a Futures Contract
17. The Contract Unit
18. How Prices are Quoted
19. Minimum Price Changes
20. Daily Price Limits
21. Position Limits
22. Understanding (and Managing) the Risks of Futures Trading
23. Choosing a Futures Contract
24. Liquidity
25. Timing
26. Stop Orders
27. Spreads
28. Options on Futures Contracts
29. Buying Call Options
30. Buying Put Options
31. How Option Premiums are Determined
32. Selling Options