Getting started trading futures: Understanding the basics of futures contracts Anthony Crudele for NinjaTrader Oct 21, 2026 Oct 21, 2026 Updated Oct 21, 2026 Oil pump jacks and market charts illustrate the United States energy economy with dollar bills and the American flag. Sandinashr // Shutterstock Prefer us on Google Learn More Facebook Twitter WhatsApp SMS Email Print Copy article link Save Anthony Crudele for NinjaTrader kAmuFEFC6D EC25:?8 42? @A6? E96 5@@C E@ 2 H:56 C2?86 @7 >2C<6E @AA@CEF?:E:6D—H96E96C J@F’C6 :?E6C6DE65 :? >2;@C >2C<6E 6BF:EJ :?5:46D[ 4@>>@5:E:6D[ @C 4FCC6?4:6D] x7 J@FVC6 ?6H E@ E96 H@C=5 @7 7FEFC6D @C D:>A=J 6IA=@C:?8 9@H E@ EC256 7FEFC6D[ F?56CDE2?5:?8 E96 7F?52>6?E2=D @7 7FEFC6D 4@?EC24ED :D E96 7:CDE DE6A] k^AmkAmk2 9C67lQ9EEADi^^?:?;2EC256C]4@>Qm}:?;2%C256Ck^2m 3C62<D 5@H? H92E 7FEFC6D 4@?EC24ED 2C6[ 9@H 2 7FEFC6D EC2?D24E:@? H@C<D[ E96 EJA6D @7 @C56CD J@F 42? A=246[ 2?5 E96 >@DE A@AF=2C >2C<6ED EC256CD H2E49] k^Am People are also reading… Criticism grows over Ramaswamy attack ad featuring Amy Acton's mother GOP shifts attention to Bryan Steil reelection effort 3 things that stood out from Bucks’ preseason Lake Geneva Public Library to celebrate landmark designation Illinois apple orchard opens market store in Walworth Bucks re-sign forward to 2-way deal after waiving him over weekend Botham Vineyards closing, returning to prairie and a homestead Giannis Antetokounmpo begins a pressure-filled chapter with the Miami Heat Week 9 high school football scores Trump reinvokes antisemitic slur at Kansas rally Brewers' Jake Bauers adds to storybook year by winning NLCS MVP honors Union Grove spoils Lake Geneva Badger's homecoming, 34-14 Chiefs varsity girls volleyball wraps up regular season with victory over Evansville New parking signs installed throughout downtown Lake Geneva UW-Madison offers mental health resources after off-campus death k9bm(92E 2C6 7FEFC6D 4@?EC24EDn k^9bmkAmpE :ED 4@C6[ k2 9C67lQ9EEADi^^?:?;2EC256C]4@>^7FEFC6D^7FEFC6D\EC25:?8\32D:4D^Qm2 7FEFC6D 4@?EC24Ek^2m :D 2 DE2?52C5:K65 28C66>6?E E@ 3FJ @C D6== 2? F?56C=J:?8 2DD6E 2E 2 AC656E6C>:?65 AC:46 @? 2 DA64:7:4 52E6 :? E96 7FEFC6] %96D6 4@?EC24ED 2C6 EC2565 @? C68F=2E65 6I492?86D 2?5 4@G6C 2 H:56 C2?86 @7 >2C<6ED[ 7C@> 6?6C8J 2?5 >6E2=D E@ 28C:4F=EFC2= AC@5F4ED 2?5 7:?2?4:2= :?5:46D] k^AmkAm&?=:<6 EC25:E:@?2= :?G6DE:?8[ H96C6 J@F >2J 3FJ 2?5 9@=5 2 D64FC:EJ 7@C E96 =@?8 E6C>[ 7FEFC6D 4@?EC24ED 2C6 EJA:42==J FD65 7@C D9@CE6C\E6C> DEC2E68:6D] q642FD6 E96J 2C6 =6G6C2865 AC@5F4ED[ E96J 2==@H EC256CD E@ 4@?EC@= =2C86C A@D:E:@?D H:E9 =6DD 42A:E2=[ 6?23=:?8 7=6I:3:=:EJ 7@C 3@E9 DA64F=2E:@? 2?5 C:D< >2?286>6?E] k^Am kAmuFEFC6D 4@?EC24ED 4@>6 :? 5:776C6?E D:K6D[ :?4=F5:?8 |:4C@ 4@?EC24ED E92E >2<6 :E 62D:6C 7@C ?6H6C EC256CD E@ 86E DE2CE65 H:E9 D>2==6C 4@>>:E>6?ED] k^Amk9bm(92E :D 2 7FEFC6D EC2?D24E:@?n k^9bmkAmp k2 9C67lQ9EEADi^^?:?;2EC256C]4@>^=62C?^9@H\E@\EC256\7FEFC6D^Qm7FEFC6D EC2?D24E:@?k^2m @44FCD H96? EH@ A2CE:6D 28C66 E@ E96 E6C>D @7 2 4@?EC24Ei ~?6 28C66D E@ 3FJ W8@ =@?8X[ 2?5 E96 @E96C 28C66D E@ D6== W8@ D9@CEX E96 F?56C=J:?8 2DD6E 2E 2 =2E6C 52E6] %96D6 EC256D 2C6 724:=:E2E65 3J 7FEFC6D 6I492?86D 2?5 4=62C65 E9C@F89 2 46?EC2=:K65 4=62C:?89@FD6[ H9:49 96=AD 6?DFC6 E92E 3@E9 D:56D @7 E96 4@?EC24E 2C6 9@?@C65] k^Am kAm(9:=6 6249 4@?EC24E 92D 2 D6E 6IA:C2E:@? 52E6[ >@DE C6E2:= EC256CD 5@?’E 9@=5 A@D:E:@?D F?E:= E96 6?5] x?DE625[ E96J 4=@D6 E96:C EC256D 367@C6 6IA:C2E:@?[ @77D6EE:?8 E96:C A@D:E:@? H:E9 2? @AA@D:E6 @C56C] %9:D 2AAC@249 2==@HD E96> E@ 7@4FD @? AC:46 492?86D[ ?@E A9JD:42= 56=:G6CJ] k^Am Listen now and subscribe: Apple Podcasts | Google Podcasts | Spotify | Stitcher | RSS Feed | SoundStack | All Of Our Podcasts Listen now and subscribe: Apple Podcasts | Google Podcasts | Spotify | Stitcher | RSS Feed | SoundStack | All Of Our Podcasts kAmu@C 6I2>A=6[ :7 2 EC256C 3FJD 2 8@=5 7FEFC6D 4@?EC24E 6IA64E:?8 E96 AC:46 E@ C:D6[ E96J 42? D6== E96 4@?EC24E =2E6C :7 E96 >2C<6E >@G6D :? E96:C 72G@C[ 42AEFC:?8 2?J 82:?D W@C =@DD6DX 32D65 @? AC:46 >@G6>6?E] k^Amk9bm%JA6D @7 7FEFC6D @C56CD k^9bm kAmpD J@F =62C? E@ EC256[ :E’D :>A@CE2?E E@ F?56CDE2?5 E96 k2 9C67lQ9EEADi^^?:?;2EC256C]4@>^=62C?^9@H\E@\EC256\7FEFC6D^A=246\2\7FEFC6D\@C56C^Qm5:776C6?E @C56C EJA6Dk^2m FD65 E@ 6?E6C 2?5 6I:E A@D:E:@?D] t249 @C56C EJA6 96=AD J@F 564:56 9@H 2?5 H96? J@FC EC256 :D 6I64FE65i k^Am kF=mk=: 52E2\=:DE\:E6>\:5lQ6d_h5b644467ffbhh_b_27abbbc5deabcQmkDEC@?8m|2C<6E @C56Cik^DEC@?8m tI64FE6D E96 6?ECJ @C 6I:E EC256 :>>65:2E6=J 2E E96 36DE 2G2:=23=6 AC:46] k^=:mk=: 52E2\=:DE\:E6>\:5lQ667b`c4g7ch54_376gbh`hg5cd_gc5h5_QmkDEC@?8m{:>:E @C56Ci k^DEC@?8mtI64FE6D @?=J 2E 2 DA64:7:4 AC:46 @C 36EE6C[ 96=A:?8 J@F >2?286 6?ECJ 2?5 6I:E =6G6=Dj @7E6? FD65 E@ D6E 2 AC@7:E E2C86E] k^=:mk=: 52E2\=:DE\:E6>\:5lQ67hag`cdhe25dhfchf_4_g67b`c7e526fQmkDEC@?8m$E@A\=@DD @C56Cik^DEC@?8m r=@D6D 2 A@D:E:@? @?46 E96 >2C<6E C62496D 2 AC6567:?65 AC:46j @7E6? FD65 E@ 96=A >2?286 5@H?D:56 C:D<] k^=:mk=: 52E2\=:DE\:E6>\:5lQ6e4d2aabec3hehc6hf255h3fha_cag76_QmkDEC@?8m~?6 42?46=D E96 @E96C W~r~X @C56Cik^DEC@?8m {:?<D 2 DE@A\=@DD 2?5 E2<6\AC@7:E @C56C D@ E92E EC:886C:?8 @?6 42?46=D E96 @E96C 2FE@>2E:42==J] k^=:mk^F=m kAm%96D6 E@@=D 42? 36 G2=F23=6 H96? EC25:?8 72DE\>@G:?8 7FEFC6D >2C<6ED[ 96=A:?8 J@F DE2J 7@4FD65 2?5 5:D4:A=:?65 :? J@FC 2AAC@249] k^Amk9bm!@AF=2C 7FEFC6D >2C<6ED k^9bmkAmuFEFC6D 4@?EC24ED 2C6 2G2:=23=6 24C@DD 2 H:56 C2?86 @7 8=@32= >2C<6ED] w6C6 2C6 D@>6 @7 E96 >@DE 4@>>@?=J EC2565 42E68@C:6Di k^AmkF=mk=: 52E2\=:DE\:E6>\:5lQ6ae343g46_3637e`b44eb3a257b66`5bfQmkDEC@?8mtBF:EJ :?56I 7FEFC6Dik^DEC@?8m %C256 E96 @G6C2== A6C7@C>2?46 @7 DE@4< :?5:46D =:<6 E96 $U2>Aj! d__ Wt$X[ }2D52B `__ W}"X[ 2?5 s@H y@?6D x?5FDEC:2= pG6C286 W*|X G:2 t\>:?: 2?5 |:4C@ t\>:?: 4@?EC24ED] k^=:mk=: 52E2\=:DE\:E6>\:5lQ62egh6he64`fefd7632ceg_a37bf3`hc5QmkDEC@?8mt?6C8J 7FEFC6Dik^DEC@?8m x?4=F56D 4@?EC24ED DF49 2D 4CF56 @:= Wr{X 2?5 ?2EFC2= 82D W}vX[ H9:49 2C6 <?@H? 7@C 9:89 =:BF:5:EJ 2?5 G@=2E:=:EJ] k^=:mk=: 52E2\=:DE\:E6>\:5lQ6a33ga6f6bhgfc5347gaee44eee4cad7dQmkDEC@?8m|6E2= 7FEFC6Dik^DEC@?8m !@AF=2C >2C<6ED =:<6 8@=5 WvrX[ D:=G6C W$xX[ 2?5 4@AA6C WwvX @776C 6IA@DFC6 E@ 3@E9 AC64:@FD 2?5 :?5FDEC:2= >6E2=D] k^=:mk=: 52E2\=:DE\:E6>\:5lQ6747ed`db7c`447a5f573_egacfh75_24QmkDEC@?8mp8C:4F=EFC2= 7FEFC6Dik^DEC@?8m |2C<6ED 7@C 4@C? W+rX[ D@J362?D W+$X[ 2?5 H962E W+(X =6E EC256CD 6?8286 H:E9 8=@32= 7@@5 DFAA=J 2?5 56>2?5 EC6?5D] k^=:mk=: 52E2\=:DE\:E6>\:5lQ6a2h3g`52c_c7hc_ae5geaf`aah44de6bQmkDEC@?8mrFCC6?4J 7FEFC6Dik^DEC@?8m p=D@ 42==65 7@C6I 7FEFC6D[ E96D6 :?4=F56 4@?EC24ED =:<6 E96 6FC@[ qC:E:D9 A@F?5[ 2?5 y2A2?6D6 J6? 282:?DE E96 &]$] 5@==2C] k^=:mk=: 52E2\=:DE\:E6>\:5lQ6babe7fa36747722hc7_c`g7db2ahb3_eQmkDEC@?8mq:E4@:? 7FEFC6Dik^DEC@?8m %96D6 =6E J@F A2CE:4:A2E6 :? E96 5J?2>:4 4CJAE@4FCC6?4:6D >2C<6ED 2?5 4@>6 :? D>2==6C |:4C@ 4@?EC24ED] k^=:mk^F=m kAmt249 >2C<6E 92D :ED @H? F?:BF6 492C24E6C:DE:4D 2?5 DA64:7:42E:@?D—DF49 2D 4@?EC24E D:K6[ EC25:?8 9@FCD[ 6IA:C2E:@? D4965F=6D[ 56=:G6CJ >6E9@5D[ G@=2E:=:EJ[ 2?5 >2C8:? C6BF:C6>6?ED] xE’D :>A@CE2?E E@ 6IA=@C6 E96> 2== 2?5 7:?5 H92E 7:ED J@FC EC25:?8 8@2=D 2?5 C:D< E@=6C2?46 36DE] k^Amk9bmz66A 3F:=5:?8 J@FC EC25:?8 7@F?52E:@? k^9bmkAmv6EE:?8 DE2CE65 H:E9 7FEFC6D 368:?D H:E9 2 4=62C F?56CDE2?5:?8 @7 9@H 6249 4@?EC24E H@C<D] uC@> E96 32D:4D @7 4@?EC24E DA64:7:42E:@?D E@ @C56C EJA6D 2?5 >2C<6E 2?2=JD:D[ 3F:=5:?8 E9:D 7@F?52E:@? 42? 96=A J@F >@G6 7@CH2C5 H:E9 4@?7:56?46 2D J@F 4@?E:?F6 J@FC 7FEFC6D EC25:?8 65F42E:@?] k^Am kAmk2 9C67lQ9EEADi^^?:?;2EC256C]4@>^7FEFC6D^3=@8D^86EE:?8\DE2CE65\EC25:?8\7FEFC6D\F?56CDE2?5:?8\7FEFC6D\4@?EC24ED\A2CE\`^Qmk6>m%9:D DE@CJk^6>mk^2mk6>m H2D AC@5F465 3Jk^6>m k2 9C67lQ9EEADi^^?:?;2EC256C]4@>Qmk6>m}:?;2%C256Ck^6>mk^2mk6>m 2?5 C6G:6H65 2?5 5:DEC:3FE65 3Jk^6>m k2 9C67lQ9EEADi^^9F3D]=2^"_b<=8$#_Q C6=lQ?@7@==@HQmk6>m$E24<6Ck^6>mk^2mk6>m]k^6>mk^Am Originally published on ninjatrader.com, part of the BLOX Digital Content Exchange. The business news you need Get the latest local business news delivered FREE to your inbox weekly. Sign up! * I understand and agree that registration on or use of this site constitutes agreement to its user agreement and privacy policy. Related to this story Most Popular Student loan forgiveness is a ticking tax bomb again, study warns Borrowers who earn IDR cancellation could see tax increases of roughly an additional $6,000 to nearly $12,000 depending on their income, tax s… How to avoid financial overextension and help manage your wealth Wells Fargo reports on avoiding financial overextension, highlighting signs like rising debt and tight cash flow, with strategies for effectiv… The credit score your insurer uses isn't your FICO TheZebra.com reports that your car insurance rates may be affected by a credit-based insurance score, which differs from your FICO score. The midterms are coming. Here's what the stock market has actually done before and after since 1874 The Motley Fool reports that historically, the S&P 500 rises 14% on average in the year following midterm elections, regardless of politic… Rising costs are forcing Americans to delay major life events SoFi reports rising living costs are delaying major life events for many Americans, with 85% stating daily expenses have increased. Watch Now: Related Video The explosive growth and history of a sausage company in Johnsonville The explosive growth and history of a sausage company in Johnsonville The explosive growth and history of a sausage company in Johnsonville Tom Tiffany seeks the Wisconsin State Journal's endorsement Tom Tiffany seeks the Wisconsin State Journal's endorsement Ralph Malicki Ralph Malicki Watch Now: Related Video The explosive growth and history of a sausage company in Johnsonville The explosive growth and history of a sausage company in Johnsonville The explosive growth and history of a sausage company in Johnsonville Tom Tiffany seeks the Wisconsin State Journal's endorsement Tom Tiffany seeks the Wisconsin State Journal's endorsement Ralph Malicki Ralph Malicki
Student loan forgiveness is a ticking tax bomb again, study warns Borrowers who earn IDR cancellation could see tax increases of roughly an additional $6,000 to nearly $12,000 depending on their income, tax s…
How to avoid financial overextension and help manage your wealth Wells Fargo reports on avoiding financial overextension, highlighting signs like rising debt and tight cash flow, with strategies for effectiv…
The credit score your insurer uses isn't your FICO TheZebra.com reports that your car insurance rates may be affected by a credit-based insurance score, which differs from your FICO score.Â
The midterms are coming. Here's what the stock market has actually done before and after since 1874 The Motley Fool reports that historically, the S&P 500 rises 14% on average in the year following midterm elections, regardless of politic…
Rising costs are forcing Americans to delay major life events SoFi reports rising living costs are delaying major life events for many Americans, with 85% stating daily expenses have increased.Â