Through commodity futures accounts, investors should understand that under the conditions of market economy, commodity prices fluctuate up and down due to supply and demand factors. For commodity producers and operators, the unpredictability of price fluctuation increases the instability of production and operation, and the unique operating mechanism of futures market may lead to frequent or even abnormal price fluctuations, thus generating high risks.
2. Leverage effect:
Margin system enables investors in crude oil futures accounts to make better use of their funds, and futures trading adopts margin system. Traders only need to pay a certain percentage of the futures contract margin to trade, and the margin is used as the performance guarantee of the contract. The leverage effect of futures trading is the main sign that it is different from other investment tools, and it is also the main reason for the high risk in futures market.
3. Irrational speculation:
Speculators must be rational when speculating futures. Speculators are an indispensable part of futures trading. They are not only the undertakers of price risks, but also the participants of price discovery, which not only promotes the reasonable formation of prices, but also improves market liquidity. However, in the case of imperfect risk management system, imperfect implementation and lax implementation, speculators are driven by interests, and it is easy to use their own strength and position to manipulate the market and other illegal acts.
4, the market mechanism is not perfect:
Due to the imperfect management regulations and mechanisms, liquidity risk, settlement risk and delivery risk may appear in the futures market at the initial stage of operation. Of course, investors who open futures accounts must abide by the trading system and laws and regulations of the futures market and do not commit any illegal acts.