However, the high leverage of futures determines that the price fluctuation of commodities will bring great fluctuations to our investment, which is also the unique charm of the futures market. But the question is, do we have to operate with such a huge lever? Who pointed a gun at our heads and said, Do you have to use the principal of 1 10,000 when you do business with 1 10,000? I don't think so. This is obviously a question of fund management. We can invest in commodities with 20,000, 50,000, or even the full deposit. Of course, this means that the efficiency of capital utilization will be greatly reduced. In fact, the scale here will greatly affect our success or failure in commodity investment. I have seen the vicissitudes of so many investors in the futures market, and I have also communicated with some successful and unsuccessful people. I gradually found that in the futures market, judgment is only an element of success. Although it is a very important element, it is by no means unique. If we can make a relatively accurate judgment on the trend of commodity operation, it can only give us a hard push on the road to success. As for whether we can go well, we need the help of other factors. So, what are the factors that determine whether you can benefit from commodity investment? Personally, the management of funds, timely stop loss and a clear understanding of one's own state (so-called luck) are all essential elements of profit. Fund management directly determines our ability to take risks. For me, it is a terrible thing to make full use of the leverage of futures. Maybe I will only choose to make the lever of 1 5 or even lower. Personally, the advantage of investing in light warehouses is that many short-term fluctuation risks can be ignored. The mid-term judgment of price is easier to grasp than the short-term fluctuation law. Then, if I use too much leverage, I will not only be inaccurate in judging the medium-term trend, but also be eliminated in short-term fluctuations. If the light warehouse grasps its relatively certain medium-term opportunities, it can ignore the short-term fluctuations too much and use time to verify the accuracy of its judgment. But there are also many investors who disagree. They believe that to enter this market, we must be prepared to bear this risk, otherwise, there is no need to invest in futures. In addition, they feel that when trading with high leverage, they are ready to take risks, and stop loss at any time to control risks when judging problems. It should be said that this is also a necessary means to control risks in futures investment. It doesn't matter that everyone will have different views on the management of funds. The key is that when we enter this market, the first thing we should think about is how much we are prepared to invest and how much risk we can bear. In this way, our psychology may be more stable. Stop loss may not be as important to stocks as it is to futures investment. Futures is an investment product, which originated from hedging by producers or traders to avoid forward price fluctuations. In other words, even the producers and traders who directly grasp the basic information of commodities know nothing about the price fluctuation of commodities. Then, why can we ordinary investors confidently think that we have mastered the key to price fluctuation? Of course, we don't have to sell ourselves short and think that price fluctuations are so mysterious that we can't grasp them. However, does our judgment need to be revised at any time according to market conditions? When the market trend has proved that your judgment is problematic, or at least the stage is inconsistent with the market trend, is it necessary to stop the loss in order to control greater risks? Even if it turns out that it may be better not to stop loss, I always feel that preventing the risk from expanding to the chips that affect your continued playing in this market and ensuring the safety of the principal should always be the priority of investment. A clear understanding of my status is the key to my foothold in this market. I think each of us will feel this way. For a time, we were very lucky and accurate in judgment, but there will always be a time when no matter how hard we try, our judgment will always be wrong. This may be what we often say about luck. I can't grasp luck, but what I can grasp is my understanding of myself. When you find yourself in a phased downturn, not operating seems to be a better way.