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Trading Commodities and Financial Futures: A Step-by-Step Guide to Mastering the Markets, Third Edition by George Kleinman

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Motive

You want to trade futures, or you are currently trading—and you want to trade successfully. After all, that is why you purchased this book. Have you really sat down and analyzed your true motives? I know you want to make money—we all want to make money. But it should go well beyond that.

The hedgers in our markets are there for business reasons—to manage the risks inherent in the commodity and financial markets associated with their businesses. The other element, the speculators, should be in it for the same business reason—to enhance bottom-line profitability. Still, many are trading for another reason: the thrill, the excitement, and the adrenaline rush. These traders, and I think the numbers are significant, are looking for the same ...

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