1, direction: buy a long contract, and only when the contract price rises can you make a profit. If you sell short contracts, you can only make a profit when the contract price falls.

2. Transaction price and settlement price: the transaction price is the actual transaction price when you place an order, and the settlement price is the price when the contract expires. If you close your position before the settlement price, the profit and loss will be calculated according to the difference between the transaction price and the settlement price. If your contract expires, the profit and loss will be calculated according to the difference between the settlement price and the transaction price.

3. Contract scale: Contract scale refers to the number of subject matter represented by each contract. For example, the gold futures contract is 100 ounce. If you buy a gold futures contract, you will get a profit of 1 00 USD for every price increase of1USD. Similarly, every time the price drops by $65,438+0, you lose $65,438+000.

4. Leverage: Futures trading usually uses leverage, which means that you can control greater asset value by paying a small margin. If your transaction is profitable, you can get a high return. However, if you lose money in trading, your loss will increase accordingly.