Free Download How to Make Money in the Futures Market … and Lots of It by Charles Drummond – Includes Verified Content:
A Masterclass in Futures Trading by Charles Drummond
“How to Make Money in the Futures Market … and Lots of It” is more than a catchy title—it’s a culmination of Charles Drummond’s decades-long career as a trader and analyst. In this in-depth and practical guide, Drummond delivers a framework that combines technical precision, strategic planning, and emotional discipline, tailored specifically for the fast-paced world of futures markets.
Futures Market Essentials: Setting the Foundation
Drummond opens the book by ensuring every reader—regardless of experience—understands the foundational elements of futures trading:
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What is a futures contract?
It’s a legally binding agreement to buy or sell an asset at a predetermined price at a specified time in the future. -
Key concepts explained:
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Margin: Allows leverage with limited capital
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Leverage: Amplifies both profits and losses
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Volatility: Drives opportunity and risk
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Using real-world examples, Drummond breaks down how these elements interact in different commodities and markets. He contrasts futures with other instruments like stocks and options, giving new traders the confidence to move forward.
Drummond Geometry: A Revolutionary Technical Tool
A central innovation in the book is Drummond Geometry—a method of plotting “points and lines” to map market behavior visually and intuitively.
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What it does:
Helps traders anticipate turning points and identify patterns not easily seen with traditional technical indicators. -
Core techniques include:
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Point and line plotting
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Geometric trend mapping
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Integrating moving averages, support/resistance levels, and custom trend lines
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Detailed charts and illustrations show exactly how to use Drummond Geometry in live markets, making this section a technical goldmine for futures traders.
Mastering Market Psychology and Discipline
Drummond acknowledges that technical skill is only half the battle. His insights into trader psychology are grounded in hard-earned experience and aim to help you:
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Avoid common pitfalls like fear, greed, and overconfidence
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Develop emotional stability during high-volatility periods
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Create and follow a strict, customized trading plan
He also provides practical tools like self-assessment checklists and mindset exercises, helping you improve not only your trades—but your discipline, patience, and resilience.
Proven Strategies That Deliver Results
The book doesn’t just theorize—it gives you actionable strategies, including:
| Strategy | Overview |
|---|---|
| Trend Following | Ride long-term movements using Drummond’s geometry and momentum analysis |
| Breakout Trading | Identify price bursts through key resistance or support zones |
| Mean Reversion | Capitalize on price pullbacks to core levels |
| Position Sizing | Adjust trade size based on capital and market condition |
| Risk Management | Apply stop-loss orders and diversify across futures instruments |
These techniques are paired with clear rules for trade entry and exit, risk mitigation, and adaptability across different market conditions.
Real Lessons from a Trading Veteran
Drummond shares candid stories from his own trading career—wins, losses, and all. These real-life experiences bring depth to the lessons and highlight:
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The importance of adapting as markets evolve
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The role of personal psychology in making (or losing) money
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Mistakes to avoid, drawn from firsthand experience
These reflections help you see trading not just as a skillset, but as a mindset that must be developed and maintained.
Case Studies and Hypothetical Scenarios
Throughout the book, Drummond uses case studies to translate theory into real-world application:
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Market rallies where trend-following worked
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Sudden downturns where risk control was crucial
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Comparisons between different strategies in similar market setups
These examples help you recognize which approach fits which situation, allowing you to think like a strategist, not just a technician.
Education for Long-Term Success
Drummond’s ultimate goal isn’t to sell you a “quick profit” dream—but to build your ability to thrive for years in futures trading. He does this by:
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Encouraging lifelong learning
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Emphasizing self-review and strategy evaluation
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Providing glossaries, appendices, and recommended readings
This makes the book not just a one-time read, but a long-term reference you can revisit as your trading journey evolves.
How This Book Stands Out
| Aspect | What Makes It Unique |
|---|---|
| Technical Analysis | Proprietary Drummond Geometry method |
| Trading Psychology | Deep exploration of emotion and mindset |
| Strategy Design | Practical, tested systems with risk rules |
| Learning Approach | Structured, interactive, and experience-based |
| Author Experience | Decades of insight from a trader who’s seen it all |
Few trading books manage to balance technical clarity with strategic wisdom and emotional intelligence the way this one does.
Final Verdict
How to Make Money in the Futures Market … and Lots of It by Charles Drummond is an essential guide for anyone serious about mastering futures trading. With its unique fusion of geometry-based analysis, psychological training, and field-tested strategies, this book offers lasting value for both beginners and seasoned professionals.
Whether you’re looking to sharpen your edge, overcome trading fears, or learn how to think like a professional, Drummond’s insights can transform how you approach the markets. It’s not just about making money—it’s about understanding the game and playing it better than most.
