How to play futures and how to reduce leverage? Not too high. Futures have their own leverage, and the leverage ratio is still relatively high. Controlling the leverage of futures can only start from reducing. First, if we have enough funds, we can buy less or sell less. There is also a safer way to control a small proportion, which is hedging. You can buy and sell a reverse futures to hedge, so the safety factor will be much higher and the leverage ratio will be reduced. Don't buy and sell too often, the handling fee is actually increasing your leverage. If you can use futures for delivery, buying futures is a very good choice, so your leverage ratio will be smaller.