Futures risks mainly exist in these aspects:
1, price fluctuation;
2. Irrational speculation of traders;
3. Leverage effect and market mechanism of margin financing and securities lending. The price in the futures market fluctuates greatly and more frequently.
The long-term nature of its transactions also brings more uncertainties. Excessive speculative psychology of traders and leverage effect of margin increase the possibility of futures trading risk, and frequent operation during the day is also a risk!
The risk of futures is not uncontrollable;
1. Make a scientific trading plan, and make corresponding plans and strategies for the process of opening positions, the proportion of opening positions and the possible loss range; When trading, strictly implement this plan and strictly abide by the trading discipline; After the transaction, summarize the reflection plan in time.
2, position management, reasonable allocation of their own capital positions, not all positions, according to the variety and account funds, columns!
3, stop loss, each operation, set a stop loss point, do not take orders!
Characteristics and advantages of futures trading;
1, bring your own lever (free): it can be small and wide.
2. The participation threshold is low: you can participate with a minimum of 2,000 RMB.
3, two-way trading: you can do more (buy up) and short (buy down). As long as the direction is right, you can make money whether the price goes up or down. Many trading opportunities.
4.T+0 trading system: countless transactions can be made on the same day.
5. Limited losses and unlimited gains: futures have a powerful plane system. When the margin is insufficient, the position will be strong. It has its own leverage and has a large profit margin.
6. The varieties are few but fine, which is easy to grasp: there are about 40 popular futures varieties.
The performance of futures contracts is guaranteed by the exchange, and private transactions are not allowed.
Futures contracts can fulfill or cancel their contractual obligations through the settlement of spot or hedging transactions.
condition
Minimum fluctuation price: refers to the minimum fluctuation range of the unit price of futures contracts.
Maximum fluctuation limit of daily price: (also known as price limit) means that the trading price of futures contracts shall not be higher or lower than the prescribed price limit within a trading day, and the quotation exceeding this price limit will be deemed invalid and cannot be traded.
Delivery month of futures contract: refers to the delivery month stipulated in the contract.
Last trading day: refers to the last trading day when a futures contract is traded in the contract delivery month.
Futures contract trading unit "hand": Futures trading must be carried out in an integer multiple of "hand", and the number of commodities contracted in each hand of different trading varieties should be specified in the futures contract of that variety.
Transaction price of futures contract: it is the value-added tax price of benchmark delivery goods of futures contract delivered in benchmark delivery warehouse. Contract transaction prices include opening price, closing price and settlement price.
If the buyer of a futures contract holds the contract until the expiration date, he is obliged to buy the subject matter corresponding to the futures contract; If the seller of a futures contract holds the contract until it expires, he is obliged to sell the subject matter corresponding to the futures contract (some futures contracts do not make physical delivery when they expire, but settle the difference, for example, the expiration of stock index futures means that the open futures contract is finally settled according to a certain average value of the spot index.