Continuous contracts are made by software vendors to facilitate traders to see a continuous market trend, which is formed by connecting each spot monthly contract. Such charts cannot be used for technical analysis, nor can they be used to test trading systems and contracts that do not actually exist in the market. This contract allows you to place an order, because futures have an expiration date, and the main contract is constantly changing with time. If you want to place an order, you should consider it comprehensively and then place an order continuously.

First, how to treat continuous contracts and main contracts?

Mainly to do the main contract, or one or two contracts after the main contract, continuous indicators can not only represent the general trend of this commodity. Technical analysis depends on the main contract, that is, the month with the largest position and volume. Continuous contracts use contracts in recent months. Of course, futures trading is different from the main contract, with high risk and low cost, and it is not allowed to look at the price too far. You use 500 thousand to make primary copper, so you won't be allowed to do it. Looking at continuous contracts is just to grasp the general direction and follow up in time after the trend changes. You can look at three consecutive contracts, which is the main contract adopted.

Second, the interpretation of common nouns

1. Futures continuity: Futures continuity contract represents the futures contract in the current delivery month (or the latest delivery month). With the continuous delivery in April, the continuous contract will be updated, such as the delivery month in April. After the rebar contract is delivered in April, the continuous contract will become the data in May.

2. Futures Company III: the third delivery month contract after the current delivery month (or the latest delivery month) contract.

3. Futures Company IV: Company III refers to the fourth delivery month contract after the current delivery month (or the latest delivery month) contract.

4. Index futures: refers to futures contracts with index-based assets, such as stock index futures, and futures contracts with indexes as exercise varieties in the securities market, such as S&P index and Hang Seng index.