I know very little about derivatives and hedging . Without m

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I know very little about derivatives and hedging . Without much practical experience it bewilders me. I found a site about derivatives.

http://www.psc.state.pa.us/corpfinance/derivatives.html

Please give me your comments about this specific article.

Derivatives are generally used as part of an investment strategy. Although they can be used alone as a single means of strategy, it is less likely, as they are generally used in combination with other ...