This Element is an excerpt from A Trader's First Book on Commodities: An Introduction to the World's Fastest Growing Market (9780137015450) by Carley Garner. Available in print and digital formats.
Why futures are so valuable to speculators–and why speculation could help you earn life-changing profits.
I encourage traders to come to futures and options for the right reasons and know what to expect when they get there. Along with significant risk of loss, there is potential for significant profits. That is why speculators flock to the markets and what keeps them coming back. For those with the willingness and the capital to speculate, the futures and options on futures markets offer some glaring advantages over other vehicles.