To calculate the profit and loss of futures, we must understand the formulation of futures contracts. The unit of silver futures trading is 1 5kg/batch, the unit of futures quotation is RMB (currency)/kg, and the lowest price change is1yuan/kg. The calculation formula of profit and loss is (current opening price) * trading unit * number of lots, in addition to the opening direction. If silver futures fluctuate by one point, it is equal to 1 yuan/kg * 1 5kg/hand *1hand = 15 yuan.
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Precautions:
1, small and wide. Futures trading requires a margin of 5- 10% to complete several or even dozens of contracts. Due to the leverage of the futures trading margin system, it has the characteristics of "small and wide", and traders can use a small amount of funds to conduct large transactions, saving a lot of working capital.
2. Two-way transaction. The futures market can be bought and sold, and the investment method is flexible.
3. Don't worry about compliance. All futures transactions are conducted through the futures exchange, which, as the counterparty of any buyer or seller, provides guarantee for each transaction. So traders don't have to worry about the performance of the transaction.
4. The market is transparent. Trading information is fully disclosed, and transactions are conducted through open bidding, so that both parties to the transaction can compete openly under equal conditions.
This work is very organized and efficient. Futures trading is a kind of standardized trading, with fixed trading procedures and rules, one after another and efficient operation. A transaction can usually be completed in a few seconds.