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What are commodity futures, and how can you trade them? |
Also - if you know the answer to any of the following. Thank you very much. Futures are just a trade on a future price, For example if you are trading a 5000 0z gold contract you make or lose $5000. for every dollar move in the price . You can be long or Short (make money if it goes up or down). All it costs is the cost of the trade with your broker and you need an (margin ) account with money for them to take or deposit money. Very tricky even for the Best! Best used to hedge not speculate!....I was a Commodity Broker! Now I am a Gold Coin Broker . Mucho Safer! buying selling comm. in e-format & paying partly |
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