New investors who speculate in futures should pay attention to the following points:

1, make good use of the financial budget, and don't use the funds necessary for life as capital-the psychological characteristics of gamblers: people who are suffering from losses, excesses and excessive tension should never use your living funds as the capital for trading. Excessive financial pressure will mislead your investment strategy, increase trading risk and lead to greater mistakes.

2. Make good use of the free simulation account and learn futures trading-the patience of investors: wait for the moment when the rate of return is positive; Beginners should study patiently and step by step. Don't rush to open a real trading account. Try the mock account first. There are applications for free simulated accounts in the library, and new investors can experience them.

3. Futures trading can't just rely on luck and intuition-the psychological characteristics of gamblers who don't listen to advice. If you don't have a fixed trading method, then your profit is likely to be random, that is, by luck. This kind of profit cannot last long.

4. Make good use of stop-loss orders to reduce risks-the courage and determination of military strategists: when the opportunity comes, take the shot.

5. Do what you can-the economist's theory: know how to manage funds and give full play to the maximum benefit of funds;

6. Choose a mainstream platform and agent (if the platform is supervised by FSA or NFA, it means that their operation and capital flow are standardized and serious, ensuring the safety of investors. The FSA in the UK has the strictest supervision, and FXCM and FXSOL are generally well-known).

If you are a novice in futures, you can go to FXSOL Global Gold Exchange to learn the basic knowledge of futures, so that you can have a more perfect analytical theory and help yourself overcome difficulties.

In addition, it should be noted that the purpose of futures arbitrage trading and speculative trading is to obtain investment income, but there are different characteristics in the operation mode, mainly reflected in the following four aspects.

Different trading methods, futures speculative trading is to establish long or short positions on a single futures contract for a period of time, that is, to be long when the expected price rises, to be short when the expected price falls, and to conduct one-way trading at the same time. Arbitrage trading is to establish long and short positions between related futures contracts or between futures and spot at the same time, and it is also a two-way transaction.

Profits come from different sources. Futures speculation is to profit from the fluctuation of the price of a single futures contract, while arbitrage is to profit from the relative price difference between related futures contracts or futures and spot. Futures speculators are concerned about the price rise and fall of a single futures contract, while arbitrageurs are not concerned about the absolute price of futures contracts, but the price difference between related contracts or futures and spot.

The degree of risk is different. Futures speculation bears the risk of price change of a single futures contract, while arbitrage bears the risk of price difference change. Because the prices of related futures contracts change in the same direction (in spot arbitrage, futures prices and spot prices also change in the same direction), the fluctuation range of price difference is generally smaller than that of a single futures contract, that is, arbitrage trading is less risky than speculative exchange.

The transaction cost is different, because the risk that the arbitrageur takes in the transaction is relatively small, while the risk that the speculator takes in the transaction is relatively large. Therefore, internationally, in order to encourage arbitrage trading, futures exchanges usually charge lower margin for arbitrage trading and higher margin for speculative trading.