For example, when the leverage is 10 times, the first-hand futures need a margin of 10%, and the leverage is 20 times, then the margin required for the first-hand futures becomes 5%. If the contract amount is100000 yuan, the former deposit is100000 yuan and the latter deposit is 5000 yuan. If the direction is opposite, there will be losses. When the former loses 65,438+00% or 65,438+00,000 yuan, it will lose all its deposits, while the latter only loses 5% or 5,000 yuan, and the stop loss space of the latter is obviously smaller than that of the former.

From another point of view, the latter can make more hands with the same funds because of the large margin leverage, so in the case of loss, the latter is more serious than the former, so the latter should set a smaller stop loss space than the former to avoid causing greater losses.