The Significance of Futures Speculation
Futures is a kind of thing that is traded in the form of contract, and the object of trading is mainly the sale contract. Futures are divided into commodity futures and stock futures. At present, there is no stock futures in China.
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.
Opening an account is very simple. You can open an account with a futures company, sign a contract and pay a certain deposit.
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.
The basic misunderstanding of speculating futures
Lack of comprehensive and basic market understanding
Many people did not have a comprehensive and basic understanding of the futures market when they joined the futures market and started trading. They think that as long as they have money, they can trade directly and start making money.
Choose the wrong broker and brokerage company.
Jack, an internationally renowned expert on futures? Bernstein said that a person who wants to engage in commodity futures trading must make several key decisions before trading, one of which is to choose a broker. As far as I know, friends who open accounts now choose brokers according to the commission and margin of opening accounts, and various brokers also use this to attract customers.
Lack of trading knowledge and skills.
Before you start studying, you need to know what you should study. Many people think that learning is an indicator of learning, and that as long as they find that effective indicator transaction, they can succeed. This is a big misunderstanding.
Characteristics of speculative futures trading
1. Two-way futures trading: One of the biggest differences between futures trading and the stock market is that futures can be traded in two directions, and futures can be long or short. When the price rises, you can buy low and sell high, and when the price falls, you can sell high and make up low. Going long can make money, and shorting can also make money, so there is no bear market in futures. In a bear market, the stock market will be suppressed, while the futures market will remain unchanged and opportunities will still exist. )
2. The cost of futures trading is low: countries that trade futures do not collect stamp duty and other taxes, and the only cost is the transaction fee. At present, the procedures of the three domestic exchanges are about two ten thousandths or three ten thousandths, plus the additional fees of brokers, and the unilateral handling fee is less than one thousandth of the transaction amount. Low cost is the guarantee of success.
3. Leverage of futures trading: The leverage principle is the charm of futures investment. You don't need to pay all the money to trade in the futures market. At present, domestic futures trading only needs to pay a deposit of 5% to obtain future trading rights. Due to the use of margin, the original market has been enlarged ten times. We assume that the daily limit of copper price closes on a certain day (the daily limit in futures is only 3% of the last trading day), and the operation is correct, and our capital profit rate reaches 60%(3%? 5%) is six times the daily limit of the stock market. (You can make money only if you have the opportunity)
4、? T 0？ Double trading opportunities: what is futures? T 0？ Trading, make the best use of your funds. After you grasp the trend, you can trade at any time and close your position at any time. (Convenient access can increase the security of investment)
5. Futures is a zero-sum market but greater 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. The stock market has entered a bear market, the market price has shrunk dramatically, the dividends are meager, the state and enterprises absorb funds, and there is no short-selling mechanism. The total amount of funds in the stock market will show negative growth for a period of time, and the total profit is less than the loss. (Zero is always greater than a negative number)
What does speculation mean? Related articles:
1. What do you mean by futures?
2. The difference between stock speculation and futures speculation
3. Basic knowledge of futures speculation
4. What do you need to do futures?
5. What does futures settlement mean?