The success of commodity futures investment is not a simple matter, but a synthesis of various skills and strategies. At the same time, there are many strategies and skills in commodity futures investment, so in the stock market, it is necessary to master certain skills and related contents. Now I will introduce them to you!
Commodity futures investment strategy
"Knowing to buy is an apprentice, knowing to sell is a master" is a common saying that is regarded as a mantra by investors and futures people. It is used to describe the importance of signal judgment of closing positions (referring to stock selling) in investment transactions. In fact, in addition to "buying" and "selling", there are also "short positions", that is, broken positions. Rest should be a link that cannot be ignored. At the same time, what we have to do is to observe the market and wait for the opportunity.
The right action comes from the right idea, and the right transaction depends on the correct judgment of the market. After the correct judgment, a series of plans must be made, including the plans of opening positions, adding positions (or covering positions) and closing positions (or stopping losses). Whether the plan is comprehensive and enforceable is related to the smooth implementation of investment transactions and the response to sudden market changes in the later period.
After the position is involved, the main work in the later period is to track the price trend. Due to the disorder of short-term price changes in the futures market and the leveraged margin system, a little price fluctuation can "touch" investors' hearts.
In a wave of trends, short-term repeated price changes are normal, and investors must face and choose whether to close their positions or continue to hold them! Therefore, how to deal with fluctuations and get out smoothly requires dynamic corresponding strategies.
How to implement indexed investment strategy
The index investment strategy of stock index futures is actually an arbitrage strategy applied to spot-to-spot futures. Spot-to-spot arbitrage strategy of futures is to use futures to convert each other when there is a certain price difference between futures and spot. The purpose of this strategy is to divide the total yield by the original copy of the index. You can also get the return of underestimating futures. This strategy still holds long positions at any time, but it may be futures or stock spot.
This strategy itself is passive, and when there is underestimation, you can switch positions. The key to implement this strategy is to accurately define the undervaluation level of futures prices. The degree of undervaluation of futures prices, the frequency of conversion transactions and the level of transaction costs will have a decisive impact on the excess return. Therefore, this strategy should accurately measure all the costs and benefits of each transaction.
Investment strategy of stock index futures
First, the volume of transactions decreased, positions decreased and prices rose. This means that the long and short wait-and-see atmosphere is strong, reducing transactions, lightening positions and raising prices. It means that short sellers admit defeat and take the initiative to cover their positions (that is, buy hedging) to push up prices, which leads to price increases in the process of lightening their positions. However, the off-site bulls did not enter the market, and the short-term price went up, but it is likely to fall back soon.
Second, the volume of transactions increased, positions decreased and prices rose. This combination shows that the empty side has taken the initiative to close the position. If it appears at the bottom, it shows that the price has risen slightly, because the price has fallen to the bottom, and the empty side has a good mentality, while many parties are worried and will not pull up immediately. If it appears at the top, bears are eager to close their positions and chase the price level, while bulls only passively close their positions at high positions and do not actively suppress their forces, thus showing the characteristics of a sharp rise in prices. At this point, it shows that both short positions and long positions are in a large number of positions, and prices will fall.
Third, the volume of transactions increased, positions increased and prices fell. This means that both long and short positions add positions, but short positions take the initiative to add positions and chase prices to sell. The reason why sellers dare to chase is because they judge that there is still a lot of room for price decline. However, bulls are unwilling to admit defeat and passively add positions at low positions, and prices may fall in the short term. However, if this combination is oversold and seriously deviates from the average price in the short term, it will lead to short-term speculators and new multi-party intervention. In addition, some old empty cash will increase in price, and V-shaped reversal is more likely.