Find a futures company to open an account, sign a contract, and pay a certain deposit to enter the market. Futures trading is a kind of contract trading, and you only need to pay the deposit corresponding to the actual price of goods for each transaction. The specific margin ratio is determined by the futures exchange according to market conditions, and the futures company will also make adjustments.

Futures are divided into commodity futures and stock futures. Futures are relative to spot, and delivery methods are different. Spot is cash spot, and futures are contract transactions, that is, mutual transfer of contracts. There is a time limit for futures delivery. Before the expiration, it is a contract transaction, but the expiration date is to cash the contract for spot delivery.

Therefore, large futures institutions often do both spot and futures, which can be used for hedging and speculation. Ordinary investors often can't deliver in time, so they have to speculate purely, and the speculative value of commodities is often related to factors such as spot trend and duration of commodities.

Extended data

Characteristics of futures trading:

1. Two-way futures trading: One of the biggest differences between futures trading and the stock market is that futures can be traded in two directions, and futures can be long or short. When the price rises, you can buy low and sell high, and when the price falls, you can sell high and make up low. Going long can make money, and shorting can also make money, so there is no bear market in futures.

2. The cost of futures trading is low: countries that trade futures do not collect stamp duty and other taxes, and the only cost is the transaction fee. At present, the procedures of the three domestic exchanges are about two ten thousandths or three ten thousandths, plus the additional fees of brokers, and the unilateral handling fee is less than one thousandth of the transaction amount. Low cost is the guarantee of success.

3. Leverage of futures trading: The leverage principle is the charm of futures investment. You don't need to pay all the money to trade in the futures market. At present, domestic futures trading only needs to pay a deposit of 5% to obtain future trading rights.

Due to the use of margin, the original market has been enlarged ten times. We assume that the daily limit of copper price closes on a certain day (the daily limit in futures is only 3% of the last trading day), and the operation is correct. Our capital profit rate is as high as 60%(3%÷5%), which is six times the daily limit of the stock market. (You can make money only if you have the opportunity)

4. Double the trading opportunities of "T+0": Futures is a "T+0" transaction, which makes your capital use to the extreme. After grasping the trend, you can close your position at any time. (Convenient access can increase the security of investment)

5. Futures is a zero-sum market but greater than a negative market: futures is a zero-sum market, and the futures market itself does not create profits. In a certain period of time, regardless of the transaction costs of capital entry and exit, the total amount of funds in the futures market remains unchanged, and the profits of market participants come from the losses of another trader.

The stock market has entered a bear market, the market price has shrunk dramatically, the dividends are meager, the state and enterprises absorb funds, and there is no short-selling mechanism. The total amount of funds in the stock market will show negative growth for a period of time, and the total profit is less than the loss.

Baidu encyclopedia-futures speculation