Familiar with the market: by reading relevant industry reports and news, understand the market trends, risks and opportunities, and obtain market information.
Risk control: In futures trading, investors should set reasonable stop-loss points and profit-taking points, and control risks by setting stop-loss orders and profit-taking orders to avoid losses caused by market fluctuations.
Choose the right futures varieties: when choosing futures varieties, investors need to choose the right varieties according to their investment objectives and risk tolerance. For example, short-term investors can choose futures with high volatility, while long-term investors can choose relatively stable futures.
Understand the contract rules: Different futures products have different contract rules. Investors need to know the contract rules before trading to avoid trading mistakes caused by unclear rules.
Managing funds: When conducting futures trading, investors need to allocate funds reasonably and avoid using all funds for futures trading. At the same time, we should set a reasonable position, and don't spend all our money on the same variety or in the same direction.
Learning trading skills: Futures trading needs certain skills, and investors can improve the success rate of trading by learning trading skills, such as technical analysis and basic analysis.