When the futures losses are serious, the principal may be lost, even the money owed to the futures company after the principal loss. This situation is called wearing a position. After the principal collapse, how much the market will continue to lose depends on whether the underlying contract continues to run in the opposite direction, the strength of the operation, and whether the investors add margin. Generally, short positions will only occur under special circumstances, that is, after investors are long or short, the market outlook will continue to run in the opposite direction.

For example, if the investor operates in a half position, the margin is 10%. When the contract falls by 65,438+00%, investors are at the critical point of leaving positions. At this time, the available funds are zero. If the contract continues to fall, the available funds will be negative. Assuming that the contract continues to run in the opposite direction, it will be thanks to the money of 2-3 boards.

For example, the primary contract value is 10000 yuan, the margin ratio is 10%, and the primary occupation margin is 1000 yuan. If the investor's account is only 10000 yuan, he has opened five lots, which means that it occupies 5000 yuan and the capital utilization rate is 50%. At this time, if the futures price drops by 10%, the contract value of each lot is only 9,000 yuan, the loss of each lot is 1000 yuan, and the loss of five lots is 5,000 yuan.

The lost 5000 yuan is the previously useless funds. If it continues to decline, it will lose 65,438+000%, and the available funds will be zero, that is, the account has no margin, so it will be a loss.

Generally speaking, futures is a margin trading system. When the investor's margin is lower than the basic requirement, the futures company will ask the investor to add margin. Investors will be forced to close their positions without additional margin. In extreme cases, the product will continue to develop in the opposite direction to the contract. At this time, futures companies can't close their positions, and investors may go through positions, but it generally doesn't happen. This is an extreme situation.

In the case of short positions, the investor's handling method is to add margin, and the second method is to close the position when the product loss is not large, so as to reduce the loss.