1) Futures is an investment, and the subject matter of futures trading is the contract of a specific commodity, which can be wheat or corn. The contract price will fluctuate with the market, rising and falling. The rule of stock trading is the stocks issued by listed companies, and the trading price of stocks fluctuates with performance and other factors.
2) There are few active futures, which is convenient for analysis and tracking. The stock variety 1300 is more than one, so it is difficult to look at it once, and it is even more difficult to analyze it.
3) Futures trading adopts the trading mechanism of T+0, which can be traded many times in one day. Stock trading adopts T+ 1 trading mechanism, which is to buy on the same day and sell the next day.
4) Futures can be short-term, long-term and two-way transactions, and investors can make profits or losses by doing short-term and long-term. At present, stocks can only be bought first and then sold.
5) Futures have no transaction fees such as transfer fees and stamp duty, and the futures company will charge the established transaction fees according to each transaction order. The transaction cost of stock consists of commission, stamp duty and transfer fees.
6) Futures are traded in the mode of margin trading, while stocks have no leverage. Investors must buy shares in full. Stocks are completely traded, that is, you can only buy as many stocks as you have money, while futures is a margin system, that is, you only need to pay 5% to 10% of the turnover to trade 100%. For example, if an investor has 1 10,000 yuan, he can buy 1000 shares if he buys1000 yuan, and he can clinch a commodity futures contract with110,000 yuan by investing in futures, that is, taking small bets and making big ones.
7) Participants: Futures are jointly participated by producers and distributors who want to avoid price risks and speculators who are willing to bear price risks and obtain risky profits. Participants in the stock market are basically speculators (speculators are stuck in high positions and forced to become investors).
8) The most striking feature of futures is that it provides a market for spot dealers and distributors to avoid price risks. The most important function of stock is financing, which is often called financing.
9) Futures information is mainly about output, consumption and weather in main producing areas, which is reported by professional newspapers with high transparency. The most important thing about stocks is financial statements, and more than 60% of listed companies are fraudulent.
10) Futures contracts correspond to fixed commodities such as copper and soybeans. Stocks are securities.
1 1) Futures prices are everyone's expectations for future trends. Due to the cost of futures commodities, the price will tend to be consistent with the spot price as the delivery month approaches. The stock price is determined by the strength of the dealer's pull, which is closely related to the market trend.
12) risk, futures commodities have costs, and excessive deviation of futures prices will be corrected by the market. The risk mainly comes from the reasonable grasp of the position and the operation level of the participants. Stocks can be delisted, and the share price can also fall very low. Even if you have a high level of operation, it is not easy to see which company is making false accounts, as evidenced by the shares of Zhongke Department and Yinguangxia.
13) Futures have a delivery month and must be delivered at maturity. You can also cancel the performance responsibility by hedging. Stocks can be held for a long time.
14) Futures is a zero-sum market but larger than a negative market: Futures is a zero-sum market, and the futures market itself does not create profits. In a certain period of time, regardless of the transaction costs of capital entry and exit, the total amount of funds in the futures market remains unchanged, and the profits of market participants come from the losses of another trader.
This information does not constitute any investment advice. Investors should not use this information to replace their independent judgment or make decisions only based on this information. If they operate by themselves, please pay attention to position control and risk control.