At present, the international crude oil price is relatively low, which is a good time for investors to start speculating and making profits. So how can we speculate in crude oil futures in China and make a profit in this way?

First, how to speculate in crude oil futures, buy first and then sell:

If speculators see that the price of crude oil will rise, they can buy it first and then sell it. The significance of this operation is actually to buy crude oil at the current price, and then sell crude oil after the price of crude oil rises, so as to profit from the price difference.

In practice, you can find the crude oil in the account through online ICBC or mobile ICBC login account, then choose to buy first and then sell, then choose the products you want to trade, choose to buy and open positions in real-time trading to fill in the number of transactions, and finally click OK to complete the transaction.

When the price of crude oil products bought by speculators rises and reaches their psychological expectations, they can enter the menu of buying before selling again, select products to be traded, choose to sell and close positions in real-time trading, and fill in the number of transactions. Finally, click OK to complete the transaction. The difference before and after the transaction is deducted from the transaction difference set by ICBC, and then multiplied by the number of transactions, which is your final profit.

Second, how to speculate in crude oil futures, first sell and then buy.

If speculators think that the price of crude oil will fall, they can sell it first and then buy it. This operation can be understood as speculators borrow a certain amount of crude oil from banks to sell, then wait for the price of crude oil to fall, and then buy it back to banks at a lower price, thus making a profit.

Different from buying before selling, because speculators have the behavior of "borrowing", they need to deposit a certain amount of margin into the margin account, and the amount of margin is used as the basis for the number of transactions. In actual operation, enter the menu of selling before buying, select the deposit account to be transferred, then fill in the corresponding amount, select the trading account and complete the operation.

Then, you can select markets and transactions under the selling and buying menus, select the corresponding trading products, click on real-time trading, select the selling location and transaction quantity, and click OK to complete the transaction.

When the price of crude oil falls and reaches the psychological expectation of speculators, you can enter the market and trading menu again, choose the products to be traded, choose to buy and close positions in real-time trading, and fill in the number of transactions. Finally, click OK to complete the transaction. The difference before and after the transaction MINUS the transaction spread set by ICBC and multiplied by the number of transactions is your final profit amount.