Futures continuity is the K-line connection of the contract with the largest trading volume, that is to say, which contract has the largest trading volume, and the K-line on futures continuity is the K-line diagram of this contract.
For example, it's March, and if it's July with the largest contract volume, the continuous chart shows the K line of the July contract. The contract turnover was the largest in May and September, and the continuous chart shows the K-line chart in September. And so on.
The continuous chart is not the K-line chart of a certain month, but the K-line chart composed of the main contracts with the largest turnover. The first chart is the K-line chart of the first month after delivery. Even the second class, in turn tired push.
Extended data:
The principle of stock index futures speculation;
Stock index futures provide high-risk opportunities. One of the simple speculative strategies is to use stock index futures to predict market trends in order to obtain profits.
If the market price is expected to rebound, investors will buy futures contracts and expect the futures contract price to rise. Compared with investing in stocks, its low transaction cost and high leverage ratio make stock index futures more attractive to investors.
Another conservative speculation method is to hedge by using the price difference between the two indexes. If investors expect the real estate market to pick up, but want to reduce market risks at the same time, they can hedge with the real estate sub-index and Hang Seng Index, and hold the good positions of real estate and the short positions of Hang Seng Index.
A similar method can be achieved by using the same index but different contract months. Usually, forward contracts respond more to the market than short-term contracts and indexes. If speculators think that the market index will rise but are unwilling to bear the consequences of misjudgment.
Using different indexes to diversify investments can reduce risks, but it will also reduce returns. In the case of completely avoiding risks, conservative investment strategies may lead to no return.
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