If you are trading in the futures market and you don't have inside info or are not an actual supplier of the commodity, you are the sucker.
Isn't there a 50% chance you are betting on the "insider" side of it?
That logic would also extend to individual stocks, wouldn’t it?
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To be fair, you could also be a real world user of a commodity and productively use futures markets. For example, an airline or trucking company using them to hedge fuel prices.