How to participate in futures trading
1. Introduce the procedure of participating in futures and the difference from doing stocks. 2. The basic conditions for any natural person or legal person to participate in futures trading permitted by national laws and regulations. Have the ability to take risks and psychological preparation. The futures market is a high-risk and high-return market. Before you expect high returns, you should consider whether you have risk tolerance. The funds you participate in futures should be your own "loss" money. Never borrow money for futures. As for the amount of funds involved in futures trading, you can generally open an account for tens of thousands of yuan. 3. Choose a legitimate futures company. First of all, a legitimate futures company should hold a business license issued by the State Administration for Industry and Commerce and a futures brokerage license issued by the China Securities Regulatory Commission. Secondly, the company's standardized operation, strong strength and good credit are also important factors that should be considered. 4. Choose a good middleman. This is for investors who don't want to trade on their own. The so-called "middleman" is a person who helps investors collect relevant information and provide advice on buying and selling. They received a commission as a reward. The relationship between investors and intermediaries is privately agreed, so when choosing intermediaries, you should fully consider whether their moral level, professional ability and trading style are suitable for you. Conversely, you should let the middleman know your risk preference and tolerance, so that the middleman can achieve the best working condition. In the futures market, most of the trading volume is completed by intermediaries. From the actual situation we know, there are indeed some excellent professional intermediaries that have created huge profits for investors. Basic procedures for participating in futures trading. Open an account, carefully read and understand the prospectus of futures trading, and know the risks of futures trading. Sign the futures brokerage contract and the registration form for investors to open accounts in the futures market, and establish the brokerage relationship between customers and futures brokerage companies. The futures brokerage company applies to the futures exchanges for the unified distribution of the customer's trading code (similar to the shareholder code in stock trading) and the customer's fund account number. The two most important points in a futures brokerage contract are that the designated person of the transaction is defined and the seal and method of gold withdrawal are agreed. Customers in different places can handle it online. 2. The general way for deposit and withdrawal customers to pay futures trading margin to the closed operating account of futures brokerage companies is: to go to the futures company or its business department for on-site handling; Remittance from the bank to the account designated by the futures company (customer name and customer fund account number must be prepared); Self-service through bank transfer or bank-securities transfer system. When making payment, the customer must provide the seal and ID card agreed in the futures brokerage contract before handling it, and pay the customer in the way agreed in the contract. Customers in different places can remit money to designated accounts through agreements. Three. Trading methods Domestic futures trading entrustment methods include: written entrustment instruction, self-service terminal entrustment instruction, online self-service entrustment instruction and telephone entrustment instruction. The bidding method of futures trading in China is computer matching, which is consistent with stocks and follows the principle of price priority and time priority. In the case of price limit, the principle of liquidation priority should be followed. 4. Settlement After the end of each trading day, the futures company will settle the futures account of the customer without debt, that is, calculate and transfer the trading margin, profit and loss, handling fee, deposit and withdrawal, delivery payment and other related funds according to the trading results of the day, and all transactions and funds in the customer account can be queried by computer. 5. If the bill confirms that the customer has any objection to the items recorded in the trading account of the day (customers in different places can inquire online), it shall submit a written objection to the futures brokerage company before the market opens on the next trading day; If the customer has no objection to the items recorded in the trading account, it is deemed that the transaction settlement is automatically confirmed. When the customer doesn't need to keep his capital account, after confirming that all transactions and funds in and out of his capital account are correct, and there are no funds and positions in the capital account, he can close the account by filling out the account cancellation application form. Customers in different places can handle it in different places through the agreed way.