Futures are a forward contract. The quantity, quality, and delivery time of the goods traded are all written on the contract. The only thing that is not determined is the price.

You only need to pay a certain percentage of the contract amount as a margin (about 10%), which determines the leverage effect of futures. One unit of money can trade 10 units of commodities and withstand the price fluctuations of 10 units of commodities. You If the price of the commodity you buy or sell fluctuates by 1%, you will make a profit or loss of 10%. For futures, you need to open an account with a futures company and check the market and trade through software. This is the same as stocks. Futures can be bought and sold on the same day, and you can buy up or down, which is better than stocks. flexible.