Farming Online Frontdesk - Farming Online Fantasy Futures Trader

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Farming Online Fantasy Futures Trader
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Commodity:	LIFFE Wheat
I wish to:	Buy Sell
N° of lots (1 Lot = 100t):
Contract:
Pseudonym:

The Farming Online Futures Trader allows you to trade wheat under real futures market conditions, but without the risk of losing money. A 'Futures' contract is simply a contract to buy or sell a fixed amount of commodity for an agreed delivery date, in the future. Trading takes place through a 'futures exchange' (eg LIFFE) usually via a futures broker (eg BFL). Open a new futures position by either buying or selling a specified number of lots (1 lot = 100t) of feed wheat at one of the contract dates in the future. If you think prices will rise - open a 'Buy' position. If you think prices will fall - open a 'Sell' position. As the live liffe markets move, your open positions will display a profit/loss. If any of your open positions are showing a profit, you can bank the profit by closing some/all of the open position (to close a position click on the open position - top right).