1.？ Trading direction
When submitting stock index futures orders, investors should consider choosing the trading direction, that is, buying more or shorting. Buyers (bulls) think that the price of stock index futures contracts will rise, so they will buy them in order to sell them after the stock index rises to a high level in the future; On the other hand, the seller (short seller) thinks that the price of stock index futures contract is high now and will plummet in the future, so he sells it. We call it short selling. Short sellers expect to buy at the reserve price after the stock index plummets in the future, so that they can make a profit from the difference.
2.？ Trading instruction
In the process of submitting orders, it is also necessary to make a good choice of trading instructions. * * * There are two kinds of trading orders, namely, market order and limit orders.
(1) limit order
A limit order refers to an order that is sold at a limited price or better. When buying, the limit order must be closed at or below its limit price; When selling, the transaction must reach or exceed the limit price, and the limit order will be useful on the same day, and the unfinished part can be cancelled.
The characteristic of a limit order is that it can be traded at the expected price of investors, but the trading speed is relatively slow, so that it is impossible to trade occasionally. When using limit orders, investors must point out the specific price.
(2) Description of market price
Market order, also known as ceiling price, will automatically cancel the unfinished part of the market order for trading according to the best quotation that can be executed in the market at that time.
The characteristics of the market order are: the transaction speed is faster, and the order is quoted at the daily limit price or the daily limit price. Therefore, if the market drops sharply, there will be some error between the transaction price and the estimated price, that is, the slip point, so investors should be cautious in adopting the market order.