The correct calculation method is: profit = (selling price-buying price) × number of lots× contract transaction unit = (18345-18135 )×10× 5 = 2100× 5.
Multiple single profit and loss = (closing point-opening point) * lots
Empty order profit and loss = (opening point-closing point) * lots
For example, the price of a ton of copper is 70 thousand, and it needs 350 thousand in one hand. Based on the profit rate of 10%, the capital required for copper futures trading is 35,000 yuan.
If the copper price rises 1000 points to close the position, then the copper price rises by 5000 yuan. When the yield is 5000/35000 = 14.2857%, its high yield is amazing. This is the leverage of futures to expand capital and income.
In fact, the yield is 5000/350000 = 1.42857%.
Extended data:
The basic function of futures mainly has two aspects:
1. Price discovery: There are many futures traders trading at the most suitable price, so the futures price can fully reflect the relationship between supply and demand in a certain period in the future and the price trend expectations of both parties. These price information increase the transparency of the market and help to improve the efficiency of resource allocation.
2. Avoiding market risks: In the actual production and operation process, in order to avoid rising costs or falling profits caused by the constant changes in commodity prices, futures trading can be used for hedging, that is, buying and selling the same amount of commodities in the futures market and the spot market, but both parties are relative, so that the gains and losses of the two market transactions can offset each other.
Baidu encyclopedia-futures