The first thing that you have to know about futures trading is that this is different from the trading that happens on the stock market. It is sort of speculating the future prices of the commodities that you will be trading.
The known locations where this kind of trading happens include the following.
1. New York Mercantile
2. Chicago Board of Trade
3. New York Cotton Exchange
4. Chicago Mercantile Exchange
As for the futures markets, here are some of the most popular that are being traded these days.
1. Currency trading.
This is widely known as the FOREX that stands for the foreign exchange. This involves the process of buying and selling whatever currency the trader chooses to bet on. The trader will study the movement of the economy of the countries where the currencies come from. This way, they will be able to strategize whether they are gambling on a good investment or if it will be better to wait for some time before trading in. Some of the well-known currencies that are being traded on for this purpose include the British Pound, Japanese Yen and the US Dollar.
2. Agriculture.
This actually has a broad...
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