《国际期货市场运作》课程教学课件（PPT讲稿）Chapter 1 The Journey Ahead

Chapter 1 The Journey Ahead Zhengming Li

Chapter 1 The Journey Ahead Zhengming Li

The Differences Investor Investors come from all walks of life,all levels of education,all races,both sexes, and virtually every age group

The Differences Investor Investors come from all walks of life, all levels of education, all races, both sexes, and virtually every age group

Speculator Many individuals suspect that the "speculator" seeks to capitalize on the misfortunes of others,taking advantage of short-term imbalances in the equilibrium of the markets. In reality,it doesn't fit

◼ Many individuals suspect that the “speculator” seeks to capitalize on the misfortunes of others, taking advantage of short-term imbalances in the equilibrium of the markets. In reality, it doesn’t fit. Speculator

Gambler The common misconception is that it takes skill and intelligence to invest, intuition and brawn to speculate,and greed to gamble.In fact,none of that is necessarily true

◼ The common misconception is that it takes skill and intelligence to invest, intuition and brawn to speculate, and greed to gamble. In fact, none of that is necessarily true. Gambler

Gambler If what you have learned is not based in truth or reality,then you will be prone to make decisions that can have a significant impact on your career and financial future

Gambler ◼ If what you have learned is not based in truth or reality, then you will be prone to make decisions that can have a significant impact on your career and financial future

COMPARISONS AND CONTRASTS Gambling is what the public does Speculating is what professionals do

COMPARISONS AND CONTRASTS ◼ Gambling is what the public does ◼ Speculating is what professionals do

REALITIES NECESSITIES OF RISK REWARD The greater the potential for profit,the greater the possibility of loss

REALITIES & NECESSITIES OF RISK & REWARD ◼ The greater the potential for profit, the greater the possibility of loss

REALITIES NECESSITIES OF RISK&REWARD The ultimate intent and purpose of futures trading is to provide a marketplace where buyers and sellers can come together to either protect their existing assets,attempt to increase their profits

REALITIES & NECESSITIES OF RISK & REWARD ◼ The ultimate intent and purpose of futures trading is to provide a marketplace where buyers and sellers can come together to either protect their existing assets, attempt to increase their profits

Keeping The Following Points in Mind Futures trading is a solitary endeavor. Futures trading is most difficult undertaking Futures trading will be a challenge to anyone who attempts it

Keeping The Following Points in Mind ◼ Futures trading is a solitary endeavor. ◼ Futures trading is most difficult undertaking ◼ Futures trading will be a challenge to anyone who attempts it

Keeping The Following Points in Mind Trading commodities can be a gamble or it can be speculation.It all depends on how one approaches trading

Keeping The Following Points in Mind ◼ Trading commodities can be a gamble or it can be speculation. It all depends on how one approaches trading