You can also say that futures is a game. This is a zero-sum game. This is gambling. This is speculation.

To a large extent. Every penny you earn from futures. They were all taken out of other people's pockets.

It's a little different from stocks. Stocks are like sedan chairs. The higher the price, the better. At some point, even everyone made money. Until the day when the bubble or price burst.

But futures is not a complete zero-sum game. Because he has a handling fee.

That is to say. The money earned by all those who earn-the money lost by all those who lose+the handling fee charged by the exchange futures company =0.

That is to say. If only you and I play futures. You go long, I go short.

Then I will lose 1. You still can't earn 1. The rest is the handling fee.

If I lose $65,438+0, you earn $9, and the exchange gets $65,438+0. So it is balanced.

The handling fee for leaving the exchange is not included. Then think about gambling.

Everyone plays cards. All the lost money must go to the winner's pocket.

Now you understand. . . . . . .