What is a deposit?
Margin trading, also known as virtual trading and margin trading, means that investors use their own funds as a guarantee to enlarge the financing provided by banks or brokers for spot gold trading, that is, to enlarge the trading funds of investors. The financing ratio is generally determined by banks or brokers. The greater the financing ratio, the less money customers need to pay. International financing multiple is also called leverage. For example, the standard contract in the market is 65438+ 10,000 yuan per lot. If the leverage ratio provided by the brokerage firm is 20 times, the first-hand trading needs a deposit of 5,000 yuan; If the leverage ratio is 100 times, the buyer and the seller need a deposit of 1000 yuan.
Gold margin trading means that in the gold trading business, market participants do not need to allocate full funds for the traded gold, but only need to pay a certain proportion of the price according to the total amount of gold transactions as a performance guarantee for the physical delivery of gold. In the world gold trading, there are both gold futures margin trading and gold spot margin trading.
Short selling mechanism of gold price
For example, if you expect the price of gold to rise, you can buy it when the price is low, and then sell it after the price rises, and you will make a profit, right? If the price of gold is expected to fall, you can borrow some gold from others at a high level and sell it first. After the price falls, you can buy it back at a low level and return it to others, so you can make the difference, right? Because this market is contractual, you can sell it first and then buy it back to close your position.
What is communication?
The price difference is the difference between buying and selling. When gold dealers and banks quote, they will quote a lower selling price and a higher buying price. The price difference in the middle is their profit. Usually, the difference between buying and selling spot gold is $0.5 per ounce. For example, if a gold trader wants to buy gold, his bid is $945.0 per ounce, and he sells gold, his bid is $945.5 per ounce. If you want to buy gold, you can buy it at 945.5, and if you want to sell gold, you can only sell it at 945.0. Gold margin trading
Gold margin trading has three main functions: the first is price discovery; The second is hedging; The third is speculative profit. Price discovery is the function of gold futures trading, and gold futures price is the future embodiment of gold spot price. Both futures margin trading and spot margin trading can achieve hedging. (Hedging is a patent of futures, and the spot does not have this feature. It may be necessary to explain the concept of gold hedging here. Gold hedging refers to the market operation mode that gold traders adopt to lock in risks or profits at the current value in order to avoid market risks brought about by uncertain changes in future gold prices. Because of its high leverage, margin trading has also become a tool for investors to speculate and make profits.
What are the characteristics of gold margin trading?
Gold margin trading is a double-edged sword. When gold users or producers need to hedge the spot to avoid market risks, they don't need to occupy a lot of money, but only need to pay a certain percentage of deposit as a guarantee for physical delivery. This trading method reduces the financial pressure of market participants, which is its advantage. The disadvantage is that it often brings great risks. If investors blindly speculate on the amount of hedging, once they make mistakes, they will incur heavy losses and even go bankrupt.
What is the trading time of spot gold?
1 and 5- 14 in the morning are generally extremely light, mainly because the driving force of the Asian plate is small! Generally, the vibration amplitude is small and there is no obvious directionality. Mostly for adjustment callback. Generally, it is contrary to the trend of the day. For example, the trend of the day rose, and during this period, it mostly fluctuated slightly. In the meantime, if the price is right, you can purchase goods appropriately.
2. Noon 14- 18 is the morning market in Europe. After Europe starts trading, the funds will increase, and this time will be accompanied by the release of some data that have an impact on European currencies! In the meantime, if the price is right, you can purchase goods appropriately.
3. In the evening 18-20, Europe is closed at noon, and the American market is light in the early morning! This time is the lunch break in Europe and the eve of waiting for the start of the United States. This time period should wait and see.
4.20:00-24:00, afternoon session in Europe, morning session in America! This period is the time when the market fluctuates the most, and it is also the time when the amount of funds and the number of participants are the largest. During this period, we will act in full accordance with the direction of the day, so judging this market will be based on the general trend. This period is a good time for shipment. After 5 o'clock or 24 o'clock, the afternoon market in the United States is generally out of the big market at this time. This period of time is mostly a technical adjustment to the previous market. We should wait and see.
In fact, gold speculators in China have a time advantage that other time zones can't match, that is, they can seize the time period with the biggest fluctuation from 20: 00 to 24: 00. For ordinary investors, they are all engaged in non-gold professional work. The period from 5: 00 pm to 24: 00 pm is free time, which can be used to invest in gold and will not be distracted by work. Personally, my trading habit is to place an order at 15- 18 in the afternoon and set a stop loss, and then I don't have to keep staring at 17: 00, 17: 30- 18: 00 and 20:/kloc. Investors who can't catch up with the afternoon will of course wait until the evening to trade, but it is best to wait until after 20: 30, that is, when the second-board market starts, that is, when Europe closes and America opens at noon. Be very careful if important data is released. It can be said that God has created unparalleled trading time for people in China's time zone.