The author believes that people with the following "three highs" characteristics can engage in futures investment and make profits.
1, with high risk tolerance.
Theoretically, the risks and returns of futures are directly proportional, but stocks are not equal. The reason why futures are riskier than stocks is that it has the function of capital amplification, which not only amplifies the income, but also magnifies the risk. If you choose a small leverage when making futures (for example, close to 1 or even less than 1), the risk of futures will be lower than that of stocks, because you can also short. However, since you choose to do futures, you will definitely use leverage. For ordinary investors, it is more appropriate to use 3-5 times leverage, which means you need to bear 3-5 times higher risk than stocks.
2. High self-discipline ability.
It is precisely because of the leverage of futures that the loss of every price fluctuation is amplified. If the stock does not stop loss, it will not lose all, and it may turn over its capital or even make a profit in a few years. However, if the futures do not stop loss, the funds are likely to return to zero or even become negative. Therefore, futures trading pays more attention to self-restraint, and investors with low self-restraint are almost doomed to lose money.
3. High psychological endurance.
Because the changes in the futures market bring much more changes in the amount of funds than stocks, for example, 50% of the positions made right may earn 20% or more a day, while the ones made wrong are the opposite; In addition, the domestic futures market often appears gaps and ups and downs, and only investors with higher psychological endurance can calmly cope with a large proportion of changes in account funds.
In fact, most individuals and families are suitable for futures investment if they only invest in futures with liquidity ratio below 1/5 and then cultivate their "three highs" ability.
Article 26 of the Regulations on the Administration of Futures Trading:
The following units and individuals shall not engage in futures trading, and futures companies shall not accept their entrustment to conduct futures trading for them:
(1) State organs and institutions;
(two) the staff of the State Council futures regulatory agencies, futures exchanges, futures margin depository monitoring institutions and futures industry associations;
(3) It is forbidden to enter the securities and futures markets.
(4) Units and individuals that fail to provide proof of account opening;
(five) other units and individuals prohibited from engaging in futures trading by the the State Council futures regulatory agency.
Article 50 of the Measures for the Administration of Futures Companies:
Except under the circumstances stipulated in Article 26 of the Regulations on the Administration of Futures Trading, the following persons shall not engage in futures trading in their own name or in the name of others:
(1) A person without or with limited capacity for civil conduct;
(2) Staff members of futures companies and their spouses;
(3) Staff members and their spouses of the China Securities Regulatory Commission and its dispatched offices, futures exchanges, futures margin security depository monitoring institutions, and China Futures Association.
Therefore, according to the regulations, the staff of China Institute of Nuclear Physics are not restricted from futures trading. If someone restricts them from engaging in futures trading, it is their own internal or superior business, at least the futures supervision department has no restrictions.
As for the family members (except spouses) of staff of futures exchanges and futures companies, although the regulations do not explicitly restrict them from participating in futures trading, the default standards in the industry are limited. If there are no problems, all the staff involved will participate.