Any amount of Futures trading involves significant risks. Because of the nature of the trading activities, the results of trading activities may fluctuate from month to month and from period to period.
Futures Trading Is Speculative .
Futures prices are highly volatile. In addition, governments from time to time intervene, directly and by regulation, in certain markets, often with the intent to influence prices directly. Futures Trading Can Be Highly Leveraged . The low margin deposits normally required in futures trading permit an extremely high degree of leverage. Accordingly, a relatively small price movement in a futures contract may result in immediate and substantial loss or gain to the client.