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Commodity Futures Curriculum (5 Days $1500)
Course Agenda
Day 1
· Introduction (student & instructor) and student experience
· Overview of 2 day course
· Introducing Commodity Futures
· Why Trade Futures?
· Taxes
· Why Commodities are good to trade now
What is a Futures contract and Delivery Months?
· Margin / Leverage
· Selling Short in the Futures Markets
· Limit Moves
· Volume and Open Interest (Unique to Futures Markets)
Day 2
· Largest Exchanges and their products offered
· Functions of Clearing Firms, Exchanges and Brokers
· Roles of the National Futures Association (NFA) and Commodity Futures Trading Commission (CFTC)
· Brokers (Electronic / Pit) and Questions to ask your Broker when opening an account
· Participants of the Futures Markets (Small/Large Speculators and Commercials)
· Risk & Money Management Skills for Futures
· Psychology for Futures Trading
· Review Day's Material
Day 3
· Trading Plans / Journals for Futures
· Hedging (Basic example of a Commodity Hedge)
· Spreads (Using Spreads to control Risk)
· Options Primer (Using Options to control Risk and Establish Positions)
Day 4
· CFTC Commitment of Traders Report
· Normal & Inverted Markets
· Relative Strength to Pick a Contract to Trade
· Seasonal Patterns
· Putting a Commodity in your “Sights” with Fundamental Analysis
· Where to find Fundamental Statistics for your Commodity (USDA, DOE,etc)
· Technical Analysis (Futures are more Technically Driven than Equities)
· Identifying Support / Resistance Levels
Day 5
· Tools to Identify Trends
· How to use Oscillators to trade Futures
· Using Multi-Time Frame Analysis to increase your Profits
· Steps to Pulling it all together
· Review Day's Materials