Speculators buy and sell futures contracts according to their own judgment on the future price trend of the futures market. If the market price trend is consistent with their judgment, they will close their positions and make speculative profits. If the market price trend is consistent with its judgment, futures speculators will bear speculative losses after closing their positions.
Futures speculation refers to the futures trading behavior in the futures market for the purpose of obtaining the spread income. Speculators play a vital role in futures trading: ① improving market liquidity; ② As a price risk taker, keep the price system stable.
1, speculation: it is similar to "activity". It can be understood as how many speculators participate in the market/the frequency of participating in transactions.
2. Interval on the right side of the disk: interval = the absolute value of the rising or falling points in this trading day/the settlement price in the previous trading day.
3. Up and down on the right side of the disk: compared with the settlement price of the previous trading day, the price of the day rose and fell points PS: Note that our reference values are all the settlement prices of the previous trading day. This is because futures have no debt on the same day and are settled after the close every day.