The fifth edition thoroughly introduces the beginner to futures trading in a clear, concise manner. Futures expert Mark Powers combines both theory and real-world examples, making this the ideal book for practitioners who need to brush up on the essential skills or for those who just want to know what futures trading is all about. In addition to the market basics, Starting Out in Futures Trading covers: How to send an order to the floor; How to develop a trading plan with disciplined risk management techniques; Trading exercises that simulate real trading; Options and fundamental and technical analysis. Contract specifications.

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Mark Powers is one of the futures industry's most respected and influential figures. A key participant in drafting many of the original contract specifications for trading currency and financial derivatives, Powers is the CEO of Powers and Dubin Asset Allocation and Management and former editor of The Journal of Futures Markets. He also served as chief economist for the Commodity Futures Trading Commission and has contributed his expertise as a director on numerous futures exchanges.

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