1. What is the essence of futures? Futures is a forward commodity contract, that is, a contract to buy or sell commodities in the future. This kind of goods generally refers to physical goods. Of course, the stock index of stock index futures is also a commodity;
Second, the difference with stocks Everyone is familiar with stocks, and make a comparison with stocks:
1. Stocks can only be bought and futures can be bought and sold, which means that a decline may lead to losses or losses.
2. If the stock loses a lot, it will rise back after long-term holding; Futures have a time limit, and when they expire, they will either trade in the spot (it is impossible for speculators) or close their positions at a loss.
3. No matter how the stock loses money, it will be there and will not be closed; Because futures are margin trading, as long as you pay a certain margin, you can play a leverage role. Then, once the floating loss exceeds a certain proportion and no margin is added, it will be forced to close the position and the floating loss will become an actual loss.
Third, why it is a scam is simple. The probability of the person who said this is to buy futures with the thinking of buying stocks. Because it is different from stocks, the second point will happen:
If it goes up, it will lose money. If it goes down, it will be forced to close the position at maturity, resulting in actual losses. If there is no margin, it will cause losses. Other circumstances. Four. Illegal Futures Platforms In recent years, with the development of the Internet, more and more illegal futures platforms induce customers to invest in futures through the Internet. Illegal futures trading activities such as silver speculation, crude oil speculation and postal currency speculation spread all over the country, either taking money to run away or deceiving customers, which also led some people to think that futures are scams.