1. Breaking Into Futures Curt Wagaman PFGBEST’s Futures Training Division

2. Futures Misconceptions and Truths Hedgers and Speculators Exchanges Leverage Market Analysis and Strategy Formulation Testing and Implementation Systematic Process

3. What futures are NOT – Gambling – Get Rich Quick Scheme – Riskless – Rigged

4. What futures ARE – Vehicles to Transfer Risk Discover Price Speculate Diversify

5. Hedgers and Speculators – Hedgers Transfer Risk – Speculators Make Profit

6. Exchanges – Where Market Participants Come Together Major Benefits – Standardized Contracts – Flexibility – Liquid Markets

7. Leverage – Leverage Double Edged Sword – Margin Initial Maintenance Other

8. Analysis and Strategy – Market Analysis Technical – Charts Fundamental – Supply and Demand – Strategy Formulation Trading Plan

9. Testing and Implementation – Testing Simulated Trade Journal – Implementation The Process Discipline

10. Wrap Up Summary Learn the Basics Analyze Markets Develop Strategy Test Strategy Review Trade Journal Make Changes The Process