Under the condition of market economy, commodity prices in the spot market often change and the price risk is high, so commodity producers and operators will have the desire to transfer the price risk through hedging. If other conditions are met at this time, the futures market of the commodity will be formed, and then the futures price of the commodity will be generated.

It can be seen that there is a spot price first, and then there is a futures price. Therefore, the futures price is a higher price form. In addition, although futures trading is mainly based on contract trading, it is always based on physical delivery, so the spot price of goods determines the futures price of goods.

Matters needing attention in futures

Generally speaking, unprofitable overnight positions should be controlled below 30% of funds. For newcomers to the market, judging the ups and downs of the market should be placed in the second place, and fund management is the first level. It tests the rigor of investors' thinking and operation, and the randomness of operation is an important reason for the failure of futures.

In reality, futures experts are not more accurate than novices, but they are more experienced in fund management and operation skills. Other investors even use the stock operation method to do futures and Man Cang trading. In the futures market, the result of this operation is that as long as one mistake, it may be wiped out. Therefore, investment in the futures market should adhere to the principle of fund management and not put all your eggs in one basket.