True or False?
1. A futures contract short seller can only gain money from her position if the futures price declines over time.
2. The current income received on a long futures position is generally positive, but small in comparison to the capital gain/loss of the contract itself.
3. Establishing a spread position with futures contracts gives the investor a means to limit potential losses associated with futures trading.
4. The profits earned by a futures contract seller exactly equal the losses earned by a futures contract buyer, and vice versa.