Liu Jingcan: How to Choose between Spot Gold and Futures Gold
already existing 291 Secondary Reading2019-10-10 10:10
Since it is an investment, there must be risks, and at the same time, there are also people who lose and win, gain and lose. Don't say that once you become a gold investment loser, this market cannot make money! That's just because you didn't make money, doesn't mean that others are also losing money! Since the gold investment market exists, it will have its value! You cannot represent others, nor can others represent you. Instead of doubting the gold investment market, it's better to find ways to overcome the market and become the winner! As the saying goes, if you meet on a narrow path, the brave will win. If you are not strong enough, you are destined to be defeated by the market!
Do you buy gold and then fall, cut it off, cut it up, chase it up, chase it up, trap it again, cut it again, and your funds keep shrinking? This cycle is endless. If you are in such a cycle, please stop and think carefully, summarize your experience and lessons. Liu Jingcan works with you to solve investment problems! Solve investment problems with you!
[img]http://mp.myleguan.com/lf//dict_upload_file_module_3/20191010/jpg/24681198937588053r67052.jpg[/img]
Spot gold and futures gold are currently the most popular gold investment methods in the market, and they have certain advantages compared to any financial investment product in China. Today, Liu Jingcan will take you to understand the advantages and disadvantages of spot gold and futures gold.
[color=#ff0000][b]What are the advantages and disadvantages of spot gold and futures gold respectively[/b][/color]
In fact, Liu Jingcan believes that the main difference between spot gold and futures gold is this: futures gold operates in the domestic market, similar to the stock market, where there are market makers and there is also information asymmetry. Retail investors are in an extremely disadvantaged position, and the trading time of futures is very short, usually4Hours. There is no banker in the spot gold, every day24Hour trading, there is no need for delivery and settlement. Instant transaction. The funds will be received immediately.
Advantages and disadvantages of spot gold compared to futures gold:
[color=#ff0000][b]Transaction mechanism:[/b][/color]
Futures gold: With a short selling mechanism, it can be traded in both directions for profit, and there are profit opportunities in both up and down markets.T+0Trading system. Multiple positions can be opened and closed on the same day, but there is a delivery date and delivery must be made upon expiration. Otherwise, the position will be forcibly closed or physical delivery will be made. At the same time, when the margin is insufficient, it will also be forcibly liquidated.
Spot gold: With a short selling mechanism, it can be traded in both directions for profit, and there are profit opportunities in both up and down markets.T+0Trading system. Multiple positions can be opened and closed on the same day, with no delivery restrictions and unlimited holding. But when the margin is insufficient, it will be forcibly liquidated.
[color=#ff0000][b]Transaction funds:[/b][/color]
Futures gold: margin trading. use10%The funds can be used for100%Trading and capital amplification10Times.
Spot gold: margin trading. According to the different magnifications of various gold companies, there may also be differences, but most can use1%The operation of funds to100%Gold,100The magnification ratio is calculated by hand, for example;1Standard hand=100Ounces, some platforms can do it0.1Hands, etc.
[color=#ff0000][b]Transaction time:[/b][/color]
Futures gold: Trading time is in the morning900~1130afternoon130~300. Due to the short trading time and lack of alignment with international gold prices, there is a frequent occurrence of short selling. Investors cannot enter the market in the early stages.
Spot gold: Due to the time difference, it is currently a week in China1morning8From midnight to early Saturday morning3Anything can be traded. That is to say, it can be traded all day and entered at any time in the market. The continuity of prices is superior to futures. The most active trading period is8.00reach24.00between.
[img]http://mp.myleguan.com/lf//dict_upload_file_module_3/20191010/jpg/24681214869964367r56994.jpg[/img]
[color=#ff0000][b]Increase limit:[/b][/color]
Futures gold: daily limit up and down based on different futures varieties3%-15%Unequal.
Spot gold: No limit on price increase.
[color=#ff0000][b]Account name threshold:[/b][/color]
Futures gold: starting no lower than5Ten thousand.
Spot gold: Standard warehouse account opening on general platforms is5000USD, equivalent to approximately3WMore RMB, there are also some platforms that can open mini warehouses
Deposit: Investors shall prepay a deposit of no less than the transaction amount8%. Just need to pay8%The margin can be used for trading, yes12.5Double leverage trading is currently the most leveraged trading product in China.
[img]http://mp.myleguan.com/lf//dict_upload_file_module_3/20191010/jpg/24681221340126713r85729.jpg[/img]
Having seen too much of the market's huge profits, I am constantly eager to make a big profit myself. However, in this high yield market with high risks, the results are often not ideal after investing a lot of time and effort. "Winners never complain, complainers never succeed!" Liu Jingcan arranges reasonable positions for customers and avoids risks to the greatest extent possible! All transactions are not for the purpose of closing you, but to achieve you! The investment path is not a smooth one. When you feel that there is no way out due to difficulties in the mountains and rivers, don't give up easily. Change your strategy, persist, and you will definitely be able to defend another village. Believe that success can be replicated. If you have any questions, why don't you come and give me a try?
Liu Jingcan, Senior Gold Analyst, Strength Analyst and Team Director, has a unique and distinct trading philosophy, with an average trading success rate80%Above, comprehensive guidance time: early7:00——In the early morning of the next day2:00. Guiding WeChat:ljj1632。