The essence of futures is to sign a forward contract with others for buying and selling commodities (or stock indexes, foreign exchange, interest rates).

Being long is generally easy to understand. Let’s take short selling of wheat as an example. (The seller may not necessarily have the goods in hand when signing the sales contract) Explain:

When wheat is 2,000 yuan per ton, you estimate that the price of wheat will fall, and you sign a contract with the buyer in the futures market. A (first-hand) contract, (for example) it is agreed that within half a year, you can sell him 10 tons of standard wheat at any time at a price of 2,000 yuan per ton. (The value is 2,000 × 10 = 20,000 yuan, calculated as a 10% deposit, you should provide 2,000 yuan performance deposit)

Why should the buyer sign a contract with you? Because he is bullish.

When you sign the contract, you do not have wheat in your hand. You are observing the market. If As you wished, the market fell. When it fell to 1,800 yuan per ton, you bought 10 tons of wheat at 1,800 yuan per ton and sold it to the buyer at 2,000 yuan per ton. The contract was fulfilled (your performance deposit was returned to You). You earned:

(2000-1800)×10=2000 (yuan) (the handling fee is usually 10 yuan round trip, ignore it)

In actual operation, you only need It is very convenient to sell one hand of wheat at 2000 points and buy the flat position at 1800 points.

If the price of wheat rises within half a year and you have no chance to buy low-priced wheat to close the position, you will If you are forced to buy wheat at a high price to close your position (the position must be closed when the contract expires), you will lose money, while the buyer who signed the contract with you will make a profit.

If you close your position at 2200 points, you will lose:

(2200-2000)×10=2000 (yuan) + 10 yuan handling fee.

At present, the cheapest futures variety in my country is corn, which is about 1,800 yuan per ton, 10 tons per lot, and the contract value is 18,000 yuan. Calculated based on 10% margin, it can be done for about 1,800 yuan.

Attached is a futures account opening.

First go to a futures brokerage company (search online, preferably a large, reputable and top-ranked one) or the local sales department to complete the account opening procedures.

A. To open an account, a natural person must present his or her ID card and submit a copy, and open an account at a bank designated by the futures brokerage company. In principle, a deposit of 50,000 yuan is required (some companies do not require it), and fill in the "Account Opening Information" Registration Form", leave image data, sign the "Futures Brokerage Contract" and all attachments.

B. To open an account for a legal person, you must submit: ① A copy of the business license; ② A copy of the tax registration certificate; ③ The name and account number of the bank where the account is opened; ④ A copy of the legal representative’s ID card; ⑤ A copy of the authorized person’s ID card pieces. Fill out the "Legal Person Account Opening Information Registration Form", and have the legal representative personally sign or authorize the signing of the "Futures Brokerage Contract" and all attachments, and affix the official seal of the unit.

C. The account must designate 1 to 2 people as its fund allocator in the "Futures Brokerage Contract" document, and 1 to 2 people as the person who places the trading order (the person who places the order is deemed to sign the settlement order) people). The designated fund transferor and transaction order issuer must sign in person, provide their ID card and its copy, and reserve a signature.

Notes on account opening:

1. Please read the "Risk Statement", "Customer Instructions", "Contract Text" and other relevant texts carefully before entering the market.

2. The account opening materials provided (business license, ID card, etc.) must be within the validity period.

3. The signatures involved in the contract must be signed by the relevant personnel themselves and are not allowed to be signed on behalf of others.

4. Opening an account is free, and you can bargain with the sales department about the handling fee.

5. If it is an online transaction, download the online trading software of your futures brokerage company (with market quotes Analysis software) installed on the computer.

The way of speculation in futures is very similar to that of the stock market, but there are very obvious differences.

1. Bet small on big stocks are full-price transactions, that is, you can only buy as many stocks as you have, while futures are a margin system, that is, you only need to pay 5% to 10% of the transaction amount. Make 100% of your transactions. For example, if an investor has 10,000 yuan and buys a stock worth 10 yuan a share, he can buy 1,000 shares, and if he invests in futures, he can trade a commodity futures contract worth 100,000 yuan. This is using small to win big.

2. Two-way trading. Stocks are one-way trading. You can only buy stocks first and then sell them. Futures can be bought first or sold first. This is two-way trading.

3. Time restriction: There is no time limit for stock trading. If you are trapped, you can close the position in the long term, but futures must be delivered at maturity, otherwise the exchange will forcefully close the position or deliver it in kind.

4. Actual profit and loss There are two parts to the return on stock investment. One is the market price difference, and the other is dividends. The profit and loss of futures investment is the actual profit and loss in market transactions.

5. Huge Risks Due to the implementation of margin system, margin call system and restrictions on forced liquidation at maturity, futures have the characteristics of high returns and high risks. In a sense, futures It can make you rich overnight, or it can make you penniless in an instant. Investors should invest carefully.

6. Futures are T+0 transactions, which can be traded several times a day, and the handling fee is lower than that of stocks (about one ten thousandth to five ten thousandths).

Futures can Make money. But the money it makes is lost by others, and you have to pay transaction costs, so it is not easy to make money from futures (but it is easier than when the stock market falls).

Futures are risky, so you must be cautious when entering the market. Wish you the best Make a fortune!

You can take a look at the following websites:

Hexun Futures

/futures/

Sina Futures

CICC Futures

fol.com/

Securities Star

/futures/

Reference materials (Baidu Encyclopedia-Futures):/view/2348.html?wtp=tt