Most of the people who invest in stocks, only know about the New York Stock Exchange (NYSE) or the NASDAQ over the counter market. Futures trading is one of the ways to grow your wealth. There are many dozens of futures contracts that you can trade ranging from crude oil, gold, ethanol, heating, gasoline, silver, copper, wheat, corn, coffee, soybeans, pork bellies, cattle, interest rates, currencies and others.
Richard Dennis had started with only $400 and ended up making more than $200 Million trading commodities. If you want to trade commodities than trading commodity futures is the best way to profit from the boom in the commodity market. Now, let's discuss the three largest futures exchanges in the world. There are many futures exchanges in the world but these three are the most popular and the most important.
The number one is the CME ( Chicago Mercantile Exchange). The futures contracts that get traded on CME include among others stock index futures, foreign currencies, interest rates, commodities, environmental futures and others. Futures trading is no doubt risky but if you learn it, it can be highly profitable. As said before, Ricard Dennis and his turtles used to trade the most liquid contracts in the market.
The commodities futures that get traded on CME include live cattle, milk, lean hogs, feeder cattle, butter, limber, pork bellies, Goldman Sachs Commodities Index and fertilizer.
Major stock index futures contracts like the S&P 500, S&P 500 Midcap, S&P Small Cap 600, NASDAQ Composite, NASDAQ 100, Russell 2000 and their corresponding E-Mini contracts also get traded on CME.
You can easily trade almost all these contracts from the comfort of your home electronically using your computer.GLOBEX is the Electronic Trading Platform owned by the CME Group that allows the electronic trading of these contracts almost 24 hours a day.
The second most important futures exchange is the CBOT ( Chicago Board of Trade). Mini contracts on corn, soybeans and wheat are also available for trading on CBOT. The futures contracts that are available on CBOT include agricultural futures like the soybeans, ethanol, rice, corn, wheat and others.
A mini version of Dow Futures called the E-Mini Dow is also available. You can also trade mini versions of gold and silver futures contract on CBOT. CBOT gives you the opportunity to trade one of the most popular stock indexex the DJIA Dow Jones Industrial Average) in the form of Dow Futures.
The next major futures trading exchange is the New York Mercantile Exchange (NYMEX). This is infact the global hub for energy trading and offers futures contracts on light sweet crude, natural gas, unleaded gasoline, heating oil, electricity, propane and coal.
Futures trading is something that is not difficult to do once you get the hang of it. In the beginning, you should just paper trade these contracts for a few months! NYMEX also provides you with the opportunity to trade precious metals like the gold, silver, platinum as well as palladium. You can also trade metals like copper and aluminum on NYMEX. - 32177
Richard Dennis had started with only $400 and ended up making more than $200 Million trading commodities. If you want to trade commodities than trading commodity futures is the best way to profit from the boom in the commodity market. Now, let's discuss the three largest futures exchanges in the world. There are many futures exchanges in the world but these three are the most popular and the most important.
The number one is the CME ( Chicago Mercantile Exchange). The futures contracts that get traded on CME include among others stock index futures, foreign currencies, interest rates, commodities, environmental futures and others. Futures trading is no doubt risky but if you learn it, it can be highly profitable. As said before, Ricard Dennis and his turtles used to trade the most liquid contracts in the market.
The commodities futures that get traded on CME include live cattle, milk, lean hogs, feeder cattle, butter, limber, pork bellies, Goldman Sachs Commodities Index and fertilizer.
Major stock index futures contracts like the S&P 500, S&P 500 Midcap, S&P Small Cap 600, NASDAQ Composite, NASDAQ 100, Russell 2000 and their corresponding E-Mini contracts also get traded on CME.
You can easily trade almost all these contracts from the comfort of your home electronically using your computer.GLOBEX is the Electronic Trading Platform owned by the CME Group that allows the electronic trading of these contracts almost 24 hours a day.
The second most important futures exchange is the CBOT ( Chicago Board of Trade). Mini contracts on corn, soybeans and wheat are also available for trading on CBOT. The futures contracts that are available on CBOT include agricultural futures like the soybeans, ethanol, rice, corn, wheat and others.
A mini version of Dow Futures called the E-Mini Dow is also available. You can also trade mini versions of gold and silver futures contract on CBOT. CBOT gives you the opportunity to trade one of the most popular stock indexex the DJIA Dow Jones Industrial Average) in the form of Dow Futures.
The next major futures trading exchange is the New York Mercantile Exchange (NYMEX). This is infact the global hub for energy trading and offers futures contracts on light sweet crude, natural gas, unleaded gasoline, heating oil, electricity, propane and coal.
Futures trading is something that is not difficult to do once you get the hang of it. In the beginning, you should just paper trade these contracts for a few months! NYMEX also provides you with the opportunity to trade precious metals like the gold, silver, platinum as well as palladium. You can also trade metals like copper and aluminum on NYMEX. - 32177
About the Author:
Mr. Ahmad Hassam has done Masters from Harvard University. Know this shocking Dow Futures secret that can make you rich. Download this very simple 1 Minute Forex Trading System FREE that makes money instantly.