Understand spot trading rules. The first stage of getting started with the basics of spot trading is to fully understand the buying and selling rules of the spot market and learn to use the market system to improve profit efficiency.

1. Using the same principle of price trends in the futures market and the spot market, colleagues trade in the two markets and use the profits produced in one market to make up for the losses in the other market, thereby locking in production profits and production costs. , this is when enterprises use the futures market for hedging.

2. Through futures trading, hedgers can transfer the risk of price fluctuations in the spot market to speculators seeking risk profits.

3. The futures market adopts "fair, just and open" centralized bidding transactions to generate futures prices that can reflect future market supply and demand conditions. Under the mature futures market, futures companies often use futures prices as quotes for spot transactions.

The role of futures in microeconomics:

1. Lock in production costs and achieve expected profits.

2. Use futures price signals to organize spot production.

3. The futures market expands channels for spot sales and purchases.

4. The futures market encourages companies to pay attention to product quality issues.

The importance of futures is mainly reflected in two aspects. The first is price discovery, because in the futures market, the buyer and the buyer’s expectations of future prices are agreed upon through advance transactions. This advance transaction combines the market’s The supply and demand relationship for future commodities improves the efficiency of resource allocation;

The second function is to provide a means for companies to avoid risks. For example, a company wants to sell a batch of products in the future, but according to the company’s prediction Due to various reasons, future commodity prices will fall, leading to a decrease in revenue. At this time, companies can choose to sell futures at a price higher than the expected price to achieve the purpose of preserving the value of future commodities.

Futures are not mainly goods, but standardized tradable contracts based on certain bulk products such as cotton, soybeans, oil, etc. and financial assets such as stocks, bonds, etc. Therefore, the subject matter can be a certain commodity (such as gold, crude oil, agricultural products), or it can be the role of financial instrument futures: savings preservation and "inflation" are almost inevitable long-term trends. The fundamental reason is that money now uses paper. Printed.