Two-way trading is a single transaction, which can be bought first and then sold (long position) or sold first and then bought (short position), so that in the process of price decline, investors can increase their profit opportunities by shorting. In other words, no matter whether the price goes up or down, there is a chance to make money.
For example, you can't get money if you sell futures and contracts for 3500 yuan.
On the contrary, it will cost money. It costs you 350 yuan to sell a futures contract with a margin of 10%.
Because futures are margin trading, generally speaking, you spend 350 yuan to ensure that the futures can be sold at a price of 3,500, which means a little margin. Therefore, whether buying futures or selling futures, as long as you open a position, you have to spend money.
Reverse trading hedging means closing positions. In the above example, if the price of this futures contract falls to 365,438+050, and you buy futures and close your position (reverse trading, as opposed to selling futures), then you earn 350 yuan, which means 65,438+000% profit. On the other hand, if the price rises to 3850, and you close your position through reverse trading, then you will lose 350 yuan and your margin will be completely gone.
Two? Real case
Short selling speculation
Example: A speculator judged that soybean prices rose in July and bought 10 contracts (each 10 ton) at a price of 2345 yuan per ton. After that, it really rose to 2405 yuan per ton, so the 10 contract was sold at this price. Profit: (2405 yuan/ton -2345 yuan/ton) X 10 ton/sheet X 10 sheet = 6000 yuan.
Short selling speculation
Example: A speculator thinks that the wheat in 1 1 month will drop from the current 1.300 yuan/ton, so he sells five contracts (each 10 ton). After that, wheat really fell to 1250 yuan/ton, so I bought five contracts and made a profit: (1300 yuan/ton-1250 yuan/ton) X 10 ton/piece ×5 pieces = 2,500 yuan.