Financial Freedom: My Golden Finger Has a Billion Points

Chapter 104 Gold Futures
After cooking three dishes at noon, he and Brother Hao drank a full bottle of Maotai.

After drinking, he directly found a driver to drive back.

When I got home, I went back to my room to sleep, and slept until evening.

Time flies and a few days passed.

On this day, when he was browsing his mobile phone, he saw a video talking about gold futures. At this time, the magical ability appeared again, this time it was to speculate in gold futures.

Lu Xiaobu knew a lot about stocks, but he was a complete layman on futures.

Bulls exploded, with gold futures soaring nearly $30 and silver soaring more than 3%.

The international gold price rebounded, and the market's negative effects were exhausted. There have been no structural changes in the Federal Reserve's policy. The international gold price is expected to rise to US$1963 in the short term.

This is a rare opportunity to make money, and he will not miss it. It has cost a lot of money to set up a laboratory recently.

Now he still has about [-] million in bank card funds, which is enough as principal.

Due to the high leverage ratio of futures, futures magnify the expected return, but because of this, the risk is also magnified at the same time.Therefore, mastering the balance between risk and leverage is crucial for users.

Forced settlement risk: If the user's margin is lower than the specified ratio on each trading day, the futures company will force settlement according to regulations.During this process, funds in the user's account may be lost.

Delivery risk: Although futures are essentially transactions for a period of time in the future, in the futures market, users purchase futures to obtain the difference and obtain expected returns.In futures delivery, its price may not develop in the direction and price expected by the user, which may result in losses to the user;
Trading platform risk: For users, a reliable trading platform is very important.

If you encounter a black platform, it may take advantage of users' frequent transactions to obtain expected returns or use asymmetric information for speculation and arbitrage, causing users to lose money.

Why can’t all futures appear?

If there are still positions in the futures account, all funds cannot be transferred.

This is determined by the futures margin system and the same-day liability-free settlement system.

In order to bring the account risk rate to a reasonable level, the funds in the account need to retain a certain proportion of margin;
The profit portion of the day's closing of the position cannot be paid.Before settlement is completed, futures users’ profits from closing positions on the same day cannot be transferred out.

Deposits can only be paid on the next trading day after settlement has been completed for the day.The deposit portion can be paid, so it cannot be paid in full.

These regulations aim to strengthen the protection of users’ rights and interests and promote supervision and tracing;
Funds in futures accounts cannot be transferred.Since there may be slight differences between the available funds calculated in real time during the transaction and the results calculated during settlement...

Now he doesn't have a futures account, so he registers one online.

Once registered, the review will take 2 to 3 working days.

Although he doesn't understand futures, he only needs to operate according to the time prompted by the golden finger. Therefore, in the past few days, he must first become familiar with the software and some of the most basic operations.

In the next few days, he will check the knowledge about related futures.

The leverage of each futures type is different. For example, the margin rate of commodity futures is generally 8%-15%, and the corresponding leverage is 6-15 times. Among financial futures, the leverage of stock index futures is 5 times, while the leverage of treasury bonds is 50 times. The leverage of futures can reach 20 times, and the leverage of crude oil futures can reach [-] times.

Gold futures are divided into Shanghai gold futures and U.S. gold futures. Futures leverage is determined based on the amount of principal. The margin ratio is 7%-15%, and the leverage ratio is between 7-15 times. However, the actual leverage ratio of gold futures is Depending on the real-time market changes, it is generally 10%-14%, and the leverage ratio is: 1:10-1:8.

The more I know about futures, the more I realize that this thing is too risky.

If you are an ordinary person, you should not touch this.

Weiwei sees that her husband has been watching futures recently. "Husband, why did you switch to futures? Do you understand this thing?"

"Honestly, I really don't understand."

"Then you still dare to touch this. As far as I know, many people have lost money in it."

"Don't worry, if I'm not sure, I won't invest lightly."

"That's good."

Futures trading is an advanced trading method based on spot trading and developed from forward contract trading.

It refers to the form of buying and selling futures contracts in a commodity exchange through brokers in the form of open competition for large quantities of homogeneous commodities in order to transfer the risk of market price fluctuations.

Unexpectedly, the review was approved after one day. His card was a black card and there was no problem with large transfers. He directly transferred 5000 million to the futures account. In the next few days, he transferred a total of 8000 million, leaving 2000 million. in case.

He directly opened eight times the leverage.

When the market opened on the fifth day, he sat in front of his laptop and started working on it.

He carefully operated according to the tips of the golden finger. Because it was a short-term transaction, the changes were huge. At this time, he felt like he was on a flying car.

Short-term trading techniques:
After a low sideways market, upward breakthroughs are often caused by reducing positions, while rising positions by reducing positions are often not sustainable. Only increases by increasing positions can be sustainable. Holding positions and reducing positions during a rebound will not go far. This shows that both long and short positions are running, and the energy is there. reduce.

Once the volume breaks through upward after a long period of sideways trading at a low level, especially the overall volume in sideways trading can shrink very small and the positive volume is greater than the negative volume during the period.

In this case, just boldly pursue a breakthrough, because when the low level stays sideways for too long, it is basically not wrong to pursue it once the volume breaks through upward. The principles of speculation are the same.

On the contrary, after a long period of sideways trading at a high level and a downward breakthrough, especially the kind of heavy-volume downward breakthrough, it can be seen from the disk that the kinetic energy of short selling is far greater than that of long kinetic energy. In this case, you can boldly sell short.

Generally, box-body breakthroughs can be pursued, especially large-volume breakthroughs. If the box falls below and comes back later, you can just stop the loss.

My favorite daily level is a downward trend, and it will be horizontal as soon as the time-sharing opens.

Once the increase in positions and volume breaks through downward, it will be very smooth and it will be very enjoyable to do.

In this case, sometimes you will take a day, and you will encounter a limit-up or limit-down situation.

Cheetah Attack: You don't make money by trading more times. If you have the right method, you can make money by making a move. Then you can see and wait.

The money there is not something you can earn casually. If you do it frequently and get stuck, you will not know who you are.

If you don't meet the conditions to come out, you still have to wait.

The most important thing about this kind of fast in and fast out is success.

After buying, if you find that the stock is always hovering near the cost, you must firmly believe in your judgment at this time.

For buying and selling points, I look at the time-sharing chart, because the time-sharing chart is the smallest level of volume trading. If you find the smallest level of volume trading, the rules for large-level volume trading are the same.

This is the trick to trading futures.

(End of this chapter)