Mxsmanic wrote:
writes:

The paper legally represents the ownership of the house.

Unless someone else decides to seize it.

In the end the ultimate seller may make a profit or a loss on the sale
of the future, but the future almost never becomes worthless.

For every profit, there is a loss.

Wrong and utterly childish.

For commodities it means the original seller may make a smaller or
larger profit than if the commodities weren't promised as futures.

There is no "loss".

In trading futures one can influence the outcome and minimize the risks
by knowing what one is doing.

Famous last words.

And proven on a daily basis.


In gambling, about the only way to influence the outcome is to count
cards at games like blackjack, which isn't allowed in most casinos.

It works better than playing financial markets.

Perhaps for you luck has a better ROI than skill.


--
Jim Pennino

Remove .spam.sux to reply.