Futures: It is a standardized contract made by a futures exchange, which promises to deliver a certain quantity and quality of the subject matter at a specific time and place in the future. In fact, there are very few physical deliveries, and most investors are speculators. By hedging, they get the difference, that is, buy low and sell high or sell high and buy low.

1. Buy low and sell high: when the price of the product is about to rise, buy a futures contract now, which stipulates that the product can be bought at the current price in the future, and then buy it at the current price after the future price rises, and sell it at the market price to obtain the difference. This is called multi, which is also commonly known as buying up. Such investors are called bulls.

2. Sell high and buy low: buy a futures contract now, thinking that the price of the product will fall in the future. The contract stipulates that the product can be sold at the current price in the future. After the future price falls, buy the product at a low price and sell it at the current price for profit. This is called short, also called buy-down, and investors are called short.

Note that the "period" of futures refers to the time, and the actual delivery time is the agreed future time. For example, I now think that Apple will increase the price to buy an Apple contract at the price of 4 yuan. According to the contract, I can buy 100 Jin of apples at the price of 4 yuan in one month, and the apples will rise to 6 yuan when they expire in 1 month. I can buy it at the price of 4 yuan per catty, and then sell it in the market at the price of 6 yuan per catty.

The first step for Xiaobai to invest in futures is to open a futures account. General commodity futures can be opened online. You need a personal ID card and a bank card to open an account. You can consult the account opening fee before opening an account. Pay attention to finding a low-cost formal company to handle it.

Second, trading. Futures trading depends on hands. Different futures varieties contain different quantities in one hand. Generally speaking, agricultural products are 10 tons, industrial products are 5 tons, and there are some special ones, such as soybean 10 tons, palm oil 10 tons, cotton 5 tons, copper 5 tons, and fuel oil.

Futures trading has a large leverage ratio and obvious profit and loss. Xiao Bai should pay attention to analyzing the market when investing. If you don't understand at all, you can ask your account manager. At first, you can invest less and study more.

Futures classification

1. futures classification: generally divided into commodity futures and financial futures, and commodity futures are divided into agricultural products futures, metal futures and energy futures; Financial futures are foreign exchange futures, interest rate futures and stock index futures, so it should be easier to distinguish them by name.

2. Exchange classification:

Shanghai Futures Exchange: hot-rolled coil, copper, aluminum, natural rubber, nickel, tin, silver, asphalt, fuel oil, zinc, rebar, wire rod, lead and gold.

Dalian Commodity Exchange: Bean One, Bean Two, Soybean Meal, Corn, Corn Starch, Coking Coal, Coke, Iron Ore, Eggs, Fiberboard, Plywood, Polypropylene, Polyethylene, PVC, Soybean Oil and Palm Oil.

Zhengzhou Commodity Exchange: thermal coal, rapeseed oil, early indica rice, strong wheat, glass, rapeseed, japonica rice, ferrosilicon, manganese silicon, cotton, sugar, PTA, wheat and methanol.

China Financial Futures Exchange: SSE 50, CSI 500, CSI 300, 10-year bonds and 5-year bonds.

I can send you the account opening process, and you can ask me if you have any questions.