The future in English is the future, which evolved from the word "future". It means that both parties to the transaction don't have to deliver the physical object at the initial stage of buying and selling, but agree to deliver the physical object at some time in the future, so China people call it "futures". \ x0d \ x0d \ futures trading refers to the trading behavior of buyers and sellers buying and selling futures contracts on the futures exchange. \x0d\ Futures trading is a new trading method developed on the basis of spot trading, and standardized futures contracts are concluded in futures exchanges. \x0d\ Futures trading follows the principle of "openness, fairness and justice". \x0d\ Buying futures is called "short selling" or "long trading", that is, long trading. \x0d\ Selling futures is called "short selling" or "short selling", that is, short selling. \x0d\ The trading behavior of starting to buy futures contracts or selling futures contracts is called "opening positions", the behavior of traders holding contracts is called "holding positions", and the reverse trading behavior of traders knowing that they have contracts is called "closing positions" or "hedging". If the contract in the hands of the trader is not hedged according to the delivery month, the short contract holder should prepare for physical delivery, and the long contract holder should prepare funds to accept physical delivery. Under normal circumstances, most contracts are settled by hedging before expiration, and only a few need physical delivery. \x0d\ Futures trading and spot trading are similar: they are both a trading method and a real buying and selling, involving the transfer of commodity ownership. \x0d\ Difference between futures trading and spot trading: \x0d\ 1. The direct object of buying and selling is different \x0d\ The direct object of spot trading is the commodity itself, including samples, objects and pricing. \x0d\ The direct object of futures trading is futures contracts, that is, how many hands or contracts to buy or sell. \x0d\ 2。 The purpose of the transaction is different. Spot trading is a transaction of money and goods. It is a direct means to meet the needs of buyers and sellers immediately or within a certain period of time. The purpose of futures trading is generally not to obtain expired physical objects. The purpose of hedgers is to transfer the price risk in the spot market through futures trading, and the purpose of investors is to obtain risk profits from price fluctuations in the futures market. \x0d\ 3。 Different trading methods \x0d\ Spot trading is generally one-on-one negotiation and contract signing, and the specific contents are agreed by both parties. If the contract cannot be fulfilled after signing, it will be resorted to law. \x0d\ Futures trading shall be conducted in an open and fair manner. One-on-one negotiation (or private hedging) is considered illegal. \x0d\ 4。 Trading places's different \x0d\ spot transactions are generally not limited by trading time, place and object, and are flexible, convenient and arbitrary, and can be traded with opponents at any place. \x0d\ Futures trading must be conducted in an open and centralized manner on the exchange in accordance with laws and regulations, and cannot be traded over the counter. \x0d\ 5。 The range of commodities is different \x0d\ The varieties of spot trading are all commodities in circulation, while the varieties of futures trading are limited. Mainly agricultural products, petroleum, metal commodities and some primary raw materials and financial products. \x0d\ 6。 Different settlement methods \x0d\ Spot transactions are all cash on delivery, no matter how long it takes, it is one or more settlement. \x0d\ Futures trading adopts a daily debt-free settlement system, and profits and losses must be settled daily. The settlement price is calculated according to the weighted average of transaction prices. The characteristics of commodity futures trading are: \x0d\ 1. Small Boda: 100% of the virtual funds can be controlled only by paying 2-20% of the performance bond. \x0d\ II。 Convenient trading: Because the main factors such as commodity quality and delivery place in futures contracts have been standardized, the contracts are highly interchangeable and liquid. \x0d\ III。 Open information and high transaction efficiency: futures trading enables traders to compete fairly under equal conditions through open bidding. At the same time, futures trading has a fixed place, procedures and rules, and it operates efficiently. \x0d\ IV。 Futures trading can be operated in two directions, which is simple and flexible: after paying the deposit, futures contracts can be bought or sold, and transactions can be reached in seconds or minutes with only a few instructions. When the market is at a favorable price, close the position or cover the position in the opposite direction. \x0d\ V. The performance of the contract is guaranteed: after the futures transaction is completed, it must be confirmed by the settlement department, and there is no need to worry about the performance of the transaction. \x0d\\x0d\ speculation in futures First of all, you should open an account in a futures company, then deposit funds, and you can speculate in futures if you are familiar with the futures software. But you need to learn a lot. I suggest you study futures for a while first, which will be better. \ x0d \ x0d \ The futures market is risky, so be cautious when entering the market!