Futures look dangerous at first - nine out of ten traders go bust in their first year. As you look closer that the danger is not in futures but in the people who trade them. Futures offer traders some of the best profit opportunities, but the dangers are commensurate with rewards. Futures make it easy for gamblers to shoot themselves in the foot, or higher. A trader with good money management skills need not fear futures.
Futures used to be call commodities, the irreducible building blocks of the economy. Old timer used to say that a commodity was something that hurt when you dropped it on your foot - gold, sugar, wheat, crude oil. In recent decades many financial instruments began to trade like commodities - currencies, bonds, stock indexes. The term futures includes traditional commodities along with new financial instruments.
Option strategy
