1: Open an account
To do futures trading, you must first have your own account, so that you can trade. You can open an account online and offline now. Offline, you can bring your ID card and bank card to the business department of the futures company to go through some formalities. When opening an account online, you can download the "Futures Account Cloud" App with your mobile phone, choose a futures company to open an account, and apply according to the steps.
2. Market rules
If you want to enter the market, you must first understand some basic trading rules of the futures market. Investment is no joke.
First of all, futures are T+0 two-way transactions: that is, long and short can be done and sold at any time.
Secondly, margin trading: different commodities have different margins, and this part of the funds is the financial guarantee for your performance of futures contracts. There is a leverage ratio. For example, if you spend 10,000 yuan in the market, you may participate in the capital transaction of 654.38 million yuan (this depends on the variety).
Finally, the daily limit system: the daily limit system is also called the daily maximum price fluctuation limit, that is, the price fluctuation of each futures contract in a trading day cannot be higher or lower than the set price limit.
... you still have a lot to learn about yourself
Step 3 enter the market
After the above two parts are completed, you can officially enter the futures market. You have to learn slowly by yourself in the future!