Hedging: mainly some big factories, manufacturers and wholesalers. These people are familiar with the physical spot market where they trade, use futures to maintain their stable operation, and occasionally find opportunities to participate in speculative trading. Futures are set up for such traders.

Futures private equity fund, big futures trader: This kind of trader generally participates in futures trading earlier, wins in big waves and washes sand for many years and earns a lot of money. The trading system is mature, experienced and peaceful.

Futures companies: Futures companies will have their own proprietary trading, and proprietary trading managers are similar to 2, mostly experienced leaders. In addition, futures companies can also charge fees.

Communication: There is no need to explain this. You will make money steadily anyway.

Small and medium retail investors.

As can be seen from the above, this is similar to playing mahjong. Your last family has a perspective, your opponent is an expert in calculation, and your next family is a landlord who collects money regardless of winning or losing every game. You can change the rules at will.