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Career confusion, precious metal sales, securities sales, credit card sales, which one is better?

This depends on the major studied and personal professional hobbies. The same is sales, but the content is different: relatively speaking, credit card sales are easier to do, and are related to sales and commissions; precious metal sales and securities sales are both investment jobs. Precious metal sales are difficult but commission-based profits are considerable. It is recommended to sell spot, paper gold and futures trading.

Precious metal investment sales: Precious metal investment is divided into physical investment and electronic trading investment.

Physical investment refers to the process in which investors buy low and sell high to earn the price difference when they are optimistic about the precious metal market. It can also be a hedging method adopted when the economic prospects are not optimistic, in order to maintain and increase the value of assets.

Electronic trading refers to determining whether to buy or sell based on the fluctuations in the market prices of precious metals such as gold and silver. This type of transaction generally involves leverage, and larger profits can be obtained at a smaller cost. Return.

Since the world’s precious metal reserves are certain, precious metals can be used as a tool to preserve value. Therefore, precious metals have a very good hedging function and can be used to fight inflation; at the same time, gold is widely used in the world and is difficult to manipulate in the market, making it difficult to cause a crash; there is no depreciation problem and 24-hour trading is possible five days a week. Allow investors to have more investment opportunities.

There are two disadvantages of physical gold investment: First, storage and security costs must be paid, and there is no interest income from holding gold.

Trading places

Gold stores, jewelry stores, central banks, etc. around the world.

Profit calculation

Profit from buying an order: (opening price - closing price) * number of contract lots * contract trading volume

Profit from selling an order: (closing price - opening price) (price) * number of contract lots * contract trading volume

Example:

If the current gold price is 375 yuan/g, go long 1 lot. When the gold price rises to 385 yuan/g, it will be flat. position, the investor’s maximum profit for one long order is: (385-375)*1000*1=10,000 yuan (including handling fees).

Paper gold

Paper gold transactions do not involve physical gold. It is a service provided by banks. It is an account based on precious metals. It is not through the sale and settlement of physical objects. Instead, gold is invested through bookkeeping, so there is no settlement of physical gold involved and transaction costs are lower.

Gold Futures

The purchase and sale of gold futures involves selling and repurchasing the same number of contracts as the previous contract before the expiration date of the contract, that is, closing the position without actual delivery. In real gold, the profit or loss obtained from each transaction is equal to the difference between the purchase and sale of two contracts in opposite directions.

Gold futures contracts only require a deposit of about 10% of the transaction volume as investment cost, and have greater leverage, so gold futures trading is also called "deposit trading".

The transaction content of the gold futures market is basically similar, mainly including margin, contract unit, delivery month, minimum fluctuation limit, futures delivery, commission, daily trading volume, and commission instructions.

Spot trading platform

Spot trading is a leveraged investment method that conducts two-way transactions through the Internet based on the real-time market conditions of the international gold market. Two-way trading is a flexible investment. Two-way trading means that investors You can buy gold to rise or fall, so no matter how the price of gold moves, investors always have the opportunity to make a profit.

There are several precious metals exchanges in our country. Qualified ones are generally approved by provincial or sub-provincial local governments. In the form of filing with the State Council, there are many differences in the systems and mechanisms of each. for investors to choose from.

Generally, each dealer sets up or recruits member units and agents to provide services to investors.

Time

Except for international statutory holidays and international market closures, settlement is generally from 8 a.m. on Monday to 4 a.m. on Saturday, with settlement between 4 a.m. and 6 a.m. on trading days. The market closing time is from 4 a.m. to 5 a.m. The specific opening and closing time will be subject to notification from the exchange.

Methods

1. Investors can conduct full spot transactions and spot deferred delivery transactions with comprehensive members via phone or online. They can do long and short positions, and implement T+0 trading system.

2. For full spot transactions, the equivalent value of the gold bar to be purchased must be deposited into the account in RMB. The purchased gold bars can be picked up or sold again. The gold bars that have been picked up can be sold at the comprehensive member counter.

3. Spot deferred delivery transaction refers to the transaction behavior of buying and selling gold bars at the real-time price and delaying the physical delivery to any working day after the second working day. A certain proportion of margin is paid during the transaction. , if physical delivery is required, the remaining payment needs to be settled. The minimum transaction volume during the transaction is an integral multiple of 1 kilogram. Most platforms focus on contracts of about 15 kilograms.

4. For full spot transactions and spot deferred transactions, you can submit delivery information to comprehensive members and withdraw or deliver physical gold bars. At the same time, you need to pay a pick-up fee and a delivery fee (for example, on a certain trading platform, they are RMB 14 per gram and RMB 6 per gram respectively). The cost of physical delivery is much higher than the cost of spot deferred delivery transactions.

5. The trading system is mostly a market maker system, which is a securities trading system that is different from the bidding and matching trading method and is generally used in the over-the-counter trading market.

A market maker refers to a securities operating legal person with certain strength and credibility acting as a licensed dealer in the securities market. The market maker continuously quotes the buying and selling prices of certain specific securities to public investors, quotes prices in both directions, and accepts public investment at this price. According to the investors' buying and selling requirements, they use their own funds and securities to conduct securities transactions with investors. Market makers maintain market liquidity through this continuous buying and selling to meet the investment needs of public investors. The market maker compensates the cost of the services provided through the appropriate difference between the buying and selling quotations and achieves a certain profit.

6. Transaction costs. When investors participate in the transaction, they need to pay handling fees, warehouse rent, pickup fees, delivery fees, etc. Among them, the handling fee charging standard shall not exceed 70,000% of the transaction amount, of which the exchange will charge 30,000%, and the remaining part shall be collected by comprehensive members. The standards for warehouse rent revenue and expenditure are determined by the Exchange Price Supervision and Management Committee based on actual conditions. The delivery fee includes processing fee, transportation fee, etc., and the charging standard is RMB 14 per gram. The delivery fee includes inspection fee, recasting fee, and the charging standard is RMB 6 per gram. Pickup fees and delivery fees are charged by the integrated teller.