The margin trading system has a certain leverage, and the leverage effect of the margin trading system magnifies the benefits and risks at the same time. In case of extreme market, the loss of investors may even exceed the principal invested.

Assuming that the margin ratio is 65,438+00%, it is theoretically possible to conduct a transaction with a first-class contract amount of 500,000 yuan with an investment of 50,000 yuan without considering fees and other expenses (only theoretically, it is not desirable in actual transactions). If the futures price rises by 10%, the bulls can make a profit of 50,000 yuan, and the yield is 100%, but for the bears.