If you don’t have a background in finance, the futures markets can seem intimidating. Given the complexities of active trading, it’s a great idea to work with a futures broker until you can achieve a basic level of competency.
Understanding how to read and interpret futures contracts specifications is an important part of getting started in the market. A contract’s specifications spell out its parameters in concrete terms. If you’re not familiar with a product’s specs, then you shouldn’t be trading it!