The main purpose of "three strong boards" is to protect investors from discontinuous losses under extreme market conditions, and there is an exit mechanism. The rule of "three strong boards": if the opening fails in the last five minutes, customers with three consecutive unilateral boards will close the market on the fourth day, hang up the order on the third day, and find the most profitable hedge with you on the fourth day, thus reducing the position of futures contracts.

There are many reasons for the forced liquidation in futures trading, including the customer's failure to add the trading margin in time, and the proportional relationship between the strong margin and the position margin changes with the exchange margin ratio. Because the current judicial interpretation stipulates the principle of comparison, and the agreement of the parties in the futures brokerage contract is not comprehensive and inconsistent, how to determine the applicable conditions and consequences of forced liquidation in judicial practice is not uniform.

Matters needing attention in futures

Generally speaking, unprofitable overnight positions should be controlled below 30% of funds. For newcomers to the market, judging the ups and downs of the market should be placed in the second place, and fund management is the first level. It tests the rigor of investors' thinking and operation, and the randomness of operation is an important reason for the failure of futures.

In reality, futures experts are not more accurate than novices, but they are more experienced in fund management and operation skills. Other investors even use the stock operation method to do futures and Man Cang trading. In the futures market, the result of this operation is that as long as one mistake, it may be wiped out. Therefore, investment in the futures market should adhere to the principle of fund management and not put all your eggs in one basket.