In commodity futures, the fluctuation range is generally 4%-5%, the margin standard of exchanges is generally 5%-7%, and the margin standard of futures companies is generally 7%- 12%. Therefore, the margin level charged by a general exchange can withstand 1.4 stop-loss intervals, while the margin level charged by a futures company can generally withstand more than 2 stop-loss intervals. In order to keep pace with the spot market, the price limit of stock index futures reaches 10%, and the margin standard charged by the exchange 10% can only bear a limit. According to the current market situation, it is predicted that the margin standard for futures companies to collect customers is generally at the level of 15%, and the limit is around 18%. If it exceeds 20%, it will be unattractive to speculative customers. Comparing the two, according to exchange standards, the price limit that commodity futures can bear is 1.4 times that of stock index futures (7%/5% ÷110% =1.4); According to the margin standard of futures companies, the former is 1.6 times of the latter (12%/5% ÷15%/10% =1.6). If calculated simply on average, the ability of commodity futures to withstand ups and downs is 1.5 times that of stock index futures. Therefore, if the capital utilization rate of commodity futures is lower than 50% as the safety critical line, the stock index futures should be around 30%.
For settlement members, we suggest that the capital utilization rate be divided into three grades: below 50%, 50%-80% and above 80%. When the capital utilization rate is lower than 50%, if there is a stop loss, which does not reach the level of additional margin, it can theoretically bear more than two stop losses, and its risk is generally relatively small. When the capital utilization rate is between 50% and 80%, whether the net position of trading members or customers accounts for more than 50% of the total position should be considered comprehensively. For example, if the capital utilization rate is 66.7% and the net position accounts for 50% of the total position, it can just meet the critical point of bearing the loss of stopping the board without additional margin. When the capital utilization rate reaches above 80%, we need to pay enough attention to it regardless of the net position ratio.
Question 2: What will happen if the utilization rate of futures funds exceeds 50%? If it's day trading, it's okay to exceed 50%.
Man Cang is not a big problem in the daytime.
Overnight long-term, the general position is controlled below 50%.
Otherwise the risk is too high.
Mainly depends on personal trading habits.
Generally, there will be no consequences
Spending on soybean meal and corn 1.6 yuan.
Question 3: Why are stock funds and disposable funds different in futures? What do they stand for? Thank you, Equity Fund:
Equity funds belong to total funds: equity funds = used margin+available margin+frozen funds. Available funds belong to the currently operated funds: available funds = available margin, which is used for buying operations.
Question 4: How to calculate the short position of futures? The fluctuation law of futures varieties with different capital utilization rates is different. Concentrate on the study and grasp the trend law, and it is enough to do a few varieties! Want to do a good job in futures: learn to wait for opportunities and don't operate frequently. Hard-working people are bound to lose money! You don't need to look at too many complicated indicators, you need to follow the trend. Just look at the daily trend, use the time-sharing interval to break through, and then combine the K-line with the one-minute Bollinger Band for short-term operation, waiting for the opportunity to shoot again. Stop loss points should be strictly set at the support level and resistance level, and take profit cannot be set first: this can lock in risks and let profits run away! Stop loss point must be set: it can overcome the weakness of human nature, you are reluctant to stop loss, let the system help you! We are a team, guiding operation and sharing profits! It took a long time to know that futures have gone up and down, and I don't want to make a big profit. I just want to make money steadily every day! You know: the first thing to consider before considering profit is risk! There are too many people who make money and lose money in futures. More important than making money and losing money is long-term stable profit.
Question 5: 30,000 yuan for futures, how appropriate is the capital utilization rate? Very simple, long-term positions are controlled within one third, and intraday short-term trading can be done in Man Cang. As for the maximum one-day loss control of the valve in the disc, it is more appropriate. This question will vary from person to person, and I dare not jump to conclusions.
Question 6: Why is the utilization rate of futures higher than that of equity funds? At present, the stock trading in China is definitely all cash trading. There is no such thing as margin financing and securities lending for the time being.
Futures can be traded with margin.
For example, suppose you have 100 yuan, the stock price is 100 yuan, and the primary price of the underlying asset of futures is 100 yuan.
If it is a stock, you can only buy one share at 100 yuan, and you can only enjoy one share of gains or bear one share of losses.
If it is futures, because of margin trading, assuming that the margin is 12.5%, then you can use 12.5 yuan to buy a futures with a price of 100 yuan, and you can buy 8 lots in total. Then you can enjoy the gains of 8 lots of futures or bear the losses of 8 lots.
Question 7: 30,000 yuan for futures, how much is the utilization rate of funds? I don't know much about intraday trading, but I have done it. I think the probability of long-term profit in intraday trading is very small. I suggest that if you know the industry, you can do long-term work. The opening margin is preferably 30% and not more than 50%, but it can be held in heavy positions occasionally during the day. The biggest drop in a single day is within 10%.
Question 8: What was the highest utilization rate of futures companies before they leveled off? Whether you are strong or not depends mainly on whether your margin balance is enough.
Question 9: What do you mean by the degree of futures speculation? The four varieties with the highest degree of speculation in the futures market (2013-04-2814: 07: 23) reprinted the newly seen speculative index. These four varieties are higher than copper, sugar, gold and silver. Recently, I prefer glass, which is related to the Shanghai Stock Exchange. High utilization rate of funds. The fluctuation range is controllable and the trend is strong.
Question 10: Why do people always say that futures are better than stocks? This depends on the difference between futures and stocks. After understanding the difference between futures and stocks, we can see the respective characteristics of stocks and futures.
If you use one sentence to distinguish between stocks and futures: you can only buy up stocks, and you can buy more futures and short them. This shows that futures can operate in multiple directions and stocks can operate in one direction, so futures are relatively easy to do. The characteristics of futures and their differences from stocks are as follows:
Small and wide margin trading system: stocks are bought and sold in full, and you can only buy how many stocks you have. Futures is the margin standard, and you can buy and sell at 100% only by paying more than 10% or even a few percentage points of the regular turnover. The margin trading method of futures will amplify the function of your stock funds at least ten times, and you have to trade 10 thousand yuan to buy a stock; You only need to pay 65,438+00%, that is, 1000 yuan, and you can buy futures of 1 10,000 yuan. Therefore, your 1 10,000 yuan can be used as an investment of110,000 yuan to invest in the utilization rate of funds; Therefore, the futures market has the characteristics of high risk and high return;
Two-way transaction: stocks are one-way transactions, and only stocks can be bought and sold; Futures can be bought first and then sold, which is a two-way transaction. Similarly, everyone has an opening price; Futures can be short, and on the same K-line chart, stocks can only rise to make money. Fading can only wait. Futures can be short when they fall. First sell it at a high price of 10 yuan, and then buy it back at a low price in 5 yuan to earn the same 5 yuan price difference.
Futures is a T+0 transaction, and stocks are a T+ 1 transaction. After buying the futures, it will be normal immediately, and you can make countless round trips a day. This increases the trading opportunities. After the stock is bought on the same day, it can no longer be operated and can only be sold on the second trading day.
There are more opportunities in the futures market. If you can make more short positions, the chances will double compared with stocks. Plus 10 times the capital amplification, it can be simply said that futures have 20 times the chance than stocks.
Maturity delivery system: there is no time limit for stock trading. If the quilt can hold positions for a long time, in addition to this stock, it can even hold positions permanently. However, futures must be hedged or delivered at maturity, and cannot be held permanently, otherwise the exchange will force liquidation or physical delivery. Hedging settlement makes it unnecessary for investors to end futures trading through delivery, thus improving the liquidity of futures market;
Transaction type: There are only a dozen kinds of active futures, which is convenient for analysis and marking. There are more than 1000 stocks, even thousands. It is difficult to look at them once, and it is even more difficult to analyze them. Commodity futures market is easier to grasp than stocks. There are not many kinds of futures, but there are more than 2000 kinds of stocks. Secondly, the fluctuation of commodity prices is a more pure law of supply and demand, not as complicated as the factors affecting stock prices.
Market participants are different: futures participants are producers and distributors who want to avoid price danger, and speculators who are willing to bear price danger and get dangerous profits. Most of the participants in the stock market are speculators, who are forced to become investors when they are stuck in a high position.
The functions and functions of the market are different: the most obvious feature of futures is that it provides a place for spot traders and distributors to escape the price danger, stabilizes the national economic level, and has the functions of price discovery and risk avoidance; The most important function of stocks is financing, which is what we often call financing.
Information transparency: Futures information is mainly about the output value, consumption and climate of the main producing areas. , stated in professional newspapers, high transparency. The most important thing about stocks is financial statements, which may be found in fraudulent listed companies.
Is the risk of futures greater than that of stocks? Futures does have risks, but it is definitely not as big as people think. The risk of the futures market is the same as that of stocks, but the futures operation is improper or there is no stop loss, and the loss time is shorter than that of stocks. Stocks can also slowly lose money. Therefore, to do futures, we must have our own trading strategy, stop loss and take profit in time;
The relevant differences are as follows:
Summarizing the characteristics of the above futures, it is said that futures are better than stocks, but futures are more professional and more suitable for professional investors to operate.