What benefits can individual investors get from stock index futures! (repost)
Then we know that individual investors cannot deliver, so what benefits can individual investors get from participating in futures trading? Simply put, it is the price difference. As long as the price fluctuates, the price difference formed by the same variety at different times, the intertemporal price difference formed by the same variety in different delivery months, and the cross-variety price difference formed by different varieties in the same delivery month are all opportunities for individual investors to make profits. In technical terms, we divide these possibilities into three categories: first, the intra-market spread refers to the spread transaction of the same variety of contracts in the same market outside the delivery month, sometimes called cross-month arbitrage or cross-time arbitrage. For example, buying futures contracts with shorter delivery period and selling futures contracts with longer delivery period is called forward arbitrage; Or conversely, buying futures contracts with longer delivery period and selling futures contracts with shorter delivery period is called reverse arbitrage. 2. Inter-market spread refers to the spread trading of the same variety of contracts listed in different markets in the same delivery month, sometimes called cross-market arbitrage trading, especially stock index futures trading. Many futures exchanges have listed the same kind of stock index futures trading. Traders use the price difference between two identical contracts to buy futures contracts in one exchange and sell futures contracts in another exchange, establish cross-market arbitrage positions and wait for the maturity of the two futures contracts. 3. The spread between commodities refers to the arbitrage of futures spread between two futures with the same delivery month but different indexes (requiring correlation), such as soybeans and soybean meal, copper and aluminum in the commodity futures market. In addition to profiting from stock index futures trading through these investment methods, some individual investors also like to do pure speculative trading. Personally, I understand that gambling transactions are simply pushing up and down. Some people will say that gambling will eventually end in bankruptcy, so how can we make a fortune? I think gambling is about timing and skill. As long as there is delay, it is also a way to make money. In the case that both fundamentals and technology support unilateral market, you can boldly bet on it. Of course, this method is only recommended to individual investors with mature trading technology and mentality, and is not applicable to enterprises and first-time market entrants! !