The difference between spot crude oil and futures crude oil investment: first, the funds are different.
Spot crude oil: margin trading. The lever ranges from 20 times to 33.3 times.
Futures crude oil: margin trading, with leverage ranging from 0.8 to 12.5 times.
Second: the mechanism is different.
Spot crude oil: there is a short-selling mechanism, which can make profits from two-way trading, and there are profit opportunities for both ups and downs. T+0 trading system can open positions many times on the same day, and it can be held indefinitely without delivery restrictions, but it will be forced to close positions when the margin is insufficient.
Futures crude oil: there is a short-selling mechanism, which can make profits from two-way trading, and there are profit opportunities for both ups and downs. T+0 trading system can open multiple positions on the same day, but it has a delivery date and must be delivered at maturity, otherwise it will be forced to close the position or be delivered by things, and it will also be forced to close the position when the margin is insufficient.
Third: the trading time is different.
Spot crude oil: it is divided into daylight saving time and winter time according to the opening time in Europe and America.
Due to the time difference, the current domestic trading time is 07:00-05:00-07:00 Beijing time on each trading day.
1 1 began to follow the winter trading hours in European and American markets. Opening and closing delay 1 hour, that is, continuous trading for 22 hours, can enter the market at any time, the price continuity is better than futures, and the most active trading period is between 20: 00 and 02: 00.
Spot crude oil investment First of all, it implements the T+0 trading system, which can be repeated every day.
Leverage to improve the utilization rate of investors' funds; With the two-way trading mechanism of buying up and buying down, there are investment opportunities regardless of price rise and fall.
The biggest advantage is that the risk is smaller, the market is easy to grasp, and there are more profit opportunities, which is most suitable for investors who pursue a stable style.
This investment method was mainly used between large institutions in the early days. From February 20 14, after Beijing Crude Oil Exchange opened the channel for individuals to make spot investments, individuals can make investments through cooperation with institutional members within North Petroleum Institute.
Spot crude oil trading refers to a trading method in which buyers and sellers deliver physical crude oil immediately or in a short time according to the agreed payment method and delivery method for the demand of physical crude oil and the purpose of selling physical crude oil.
In spot trading, with the transfer of commodity ownership, the exchange and circulation of crude oil entities are completed at the same time. Therefore, spot crude oil trading is the direct embodiment of crude oil commodity operation.
Spot crude oil trading is a widely used and concerned trading method in the world, especially in economically developed countries.
Spot trading is a transaction between big banks, and it is also a transaction between big banks acting as agents for big customers. After the transaction is concluded, the payment and delivery of funds shall be completed within two working days at the latest. However, the delivery time can be extended continuously.
Futures crude oil investment Futures crude oil investment is a trading method relative to spot trading, which is developed on the basis of spot trading.
An organized trading method for buying and selling standardized futures contracts on futures exchanges. The object of futures trading is not the commodity (subject matter) itself, but the standardized contract of the commodity (subject matter), that is, the standardized forward contract.
This investment method can also be adopted by ordinary investors, mainly for direct futures trading.
Advantages are leverage, long position and short position, flexible operation and good liquidity. The disadvantage is that the risk is huge, the amount of funds is used more, and investors need to have enough experience.
The concept of speculative futures is a kind of thing traded in the form of contract, and the trading object is mainly the buying and selling contract. Futures are divided into commodity futures and stock futures. At present, there is no stock futures in China. Let me explain commodity futures.
Futures are relative to spot. They are delivered in different ways. Spot is cash spot, and futures are contract transactions, that is, mutual transfer of contracts. There is a time limit for futures delivery. Before the expiration, it is a contract transaction, but the expiration date is to cash the contract for spot delivery. Therefore, large futures institutions often do both spot and futures, which can be used for hedging and speculation. Ordinary investors often can't deliver in time, so they have to speculate purely, and the speculative value of commodities is often related to factors such as spot trend and duration of commodities.
How much does it cost to fire futures account? Find a futures company to open an account, sign a contract, and pay a certain deposit to enter the market.
Futures trading is a contract transaction, and each transaction only needs to pay the deposit of the actual price of the corresponding commodity? Margin? Do it. The specific margin ratio is determined by the futures exchange according to market conditions, and the futures company will also make adjustments.
For example, if you buy the futures of commodity A, his margin ratio is 1: 10, and his trading price is 10000 yuan per unit. Then you only need to pay 1000 yuan to buy a unit of goods. If the price of commodity A goes up by 10%, then you double it, and your 1000 becomes 2000. If the price of commodity A drops by 65,438+00%, you will lose everything. If you close your position at this time, your 1000 will become zero. If you want to continue holding positions, you must add margin. Many people often add margin because they refuse to accept the market, and finally their families are ruined.
At present, there are companies acting as agents for OTC futures trading in China, but the risks are great.
If you want to do a good job in futures, you must learn to wait for opportunities and never rush to operate. Hard-working people can't make money. The futures market is an opportunity every day. Would rather miss than make mistakes!