When it comes to futures investment, many investors are scared to death, thinking that this market is very risky, or it will be ruined. Is futures really as terrible as the legend? How risky is it? We might as well compare futures with the stock market and real estate market that most investors are familiar with to see how risky the futures market is. One of the biggest differences between futures and stocks is the two-way trading mechanism in the futures market. Only when buyers and sellers can conduct transactions on an equal basis can a transaction be reached. If you don't consider the handling fee, your profit is the loss of others, and your loss is the profit of others, so the futures market is a zero-sum game market. The stock market is not a zero-sum game market, because when the stock rises, although the buyer gains, the seller will not lose money because of the stock rise; On the other hand, when the stock falls, although the buyer is losing money, the seller will not make a profit because of the stock fall. Since the futures market is a zero-sum game, why do we always hear the painful experience of how much money an investor lost in the futures market, but rarely hear how much money someone made in the futures market? Is the media misleading or is there no zero-sum game in this market itself? Only the buyer bears the risk of stocks, while futures, no matter how short, bear the risk of price fluctuation, which is determined by futures trading in the form of margin. In futures trading, investors only need to pay a deposit of 5%- 10% of the contract value, which is equivalent to a leverage ratio of 20- 10 times. The high risk in the futures market is reflected in the leverage effect. Leverage is the key to leverage wealth. If used properly, it can make our wealth appreciate rapidly. Take the real estate market that everyone is concerned about. For a house with a total price of 654.38+0 million, the down payment of 20% is equivalent to 5 times the leverage ratio. When the house price rises, the leverage ratio of 5 times will make the market value of your property rise rapidly, because the appreciation of the house price is not based on your down payment of 200,000 yuan, but on the total house price. As long as the total house price rises by 20%, the number of real estate speculators will double! Therefore, real estate speculation is actually a kind of futures behavior. Many real estate speculators have made huge profits and made a fortune in recent years. Therefore, in order to curb the rapid rise of housing prices, the most effective means is to reduce the leverage ratio or levy a windfall tax. In fact, compared with stocks and real estate, as long as you follow the trend correctly (don't do the opposite), you can make a lot of money when the futures market falls, which is completely different from the fact that stocks and real estate can only make money when they rise. In other words, there are relatively more opportunities for futures investment. Even if you make a mistake and lose a lot of money, as long as you stop the backhand operation, there will be plenty of opportunities for you to earn back, even from losing a lot to earning a lot. And this is very difficult to do in the stock market. Everyone who shares the stock market knows that once it is deeply locked up, it may take months or even years to wait for the solution, thus wasting countless investment opportunities and time. The answer is clear. The risk of an investment depends on whether we have enough opportunities to make up for the loss and whether the risk is controllable. An obvious comparative example is gambling. The risk of gambling is really uncontrollable, unpredictable and unpredictable, because once you show your cards, you will know immediately whether you win or lose. Only the result has no process, and the risk is uncontrollable. Futures investment (the same is true for stock investment) is a process (the price fluctuates), and the risk can be controlled, because you can stop at any time to minimize the risk, but you can patiently keep the profit to the maximum when making money. The only difference is that spot investments such as stocks can only make money when the price rises, while futures investments can make money whether the price rises or falls (provided that you are in the right direction). Any investment has risks, and risks and benefits are always in direct proportion. If someone tells you that an investment can make a lot of money without taking risks, it is absolutely nonsense! Therefore, the author concludes: