Yes, because in the futures competition, many players may get a higher ranking in this competition, but if you go to see his previous competition, you may not find his position at all, so this player can't be regarded as a real futures expert. They only rely on heavy positions to gain income, because if they want to have such a high rate of return in a short time, they have to rely on heavy positions. When the profit is high, the heavy position is also high, but it depends on luck, just like gambling. If you bet right, you will win. Generally, the competition time is relatively short. If a person has been very lucky, then the result is what we see, which not only ranks among the best, but also makes people feel that what he basically does is right. So we can't say that the champions are strong, but their luck is really good.

Futures development

1. The earliest futures market in history was Japan in the edo shogunate era. Because the price of rice at that time had a great influence on economic and military activities, rice merchants decided to buy and sell rice in stock according to the output of rice and the market's expectation of rice.

2. In ancient China, there was a commodity credit and forward contract system consisting of grain depots and grain markets. During the Republic of China, there were many futures exchanges in China and Shanghai, and the market was once crazy. The puppet Manchukuo government also set up futures exchanges in Dalian, Yingkou, Fengtian and other northeast 15 cities, mainly engaged in soybean, bean cake and soybean oil futures trade. 1949 after the founding of People's Republic of China (PRC), the futures exchange disappeared in Chinese mainland for decades. By 1992, Zhengzhou had set off another wave of speculation in futures, and various provinces and cities blossomed everywhere. At most, more than 50 futures exchanges opened at the same time, exceeding the sum of futures exchanges in other countries in the world. On 1994 and 1998, China the State Council strengthened supervision twice, suspended some futures products and ordered some exchanges to stop business. Since 1998, there are only three legal commodity futures exchanges in Chinese mainland: Shanghai Futures Exchange, Dalian Futures Exchange and Zhengzhou Futures Exchange. The former deals in energy and metal commodity futures, while the latter two deal in agricultural products futures. On September 8, 2006, China Financial Futures Exchange was established in Shanghai, and the first product launched was the Shanghai and Shenzhen 300 stock index futures.

3, 20021June 15 shanghai securities news News, the hedging efficiency of more than 90% varieties in China's futures market exceeds 50%, and the correlation of futures varieties exceeds 0.9 and exceeds 60%. The futures prices of mature varieties such as copper, cotton and soybean have gradually become the pricing benchmark for upstream and downstream enterprises in the industrial chain.