In order to meet the needs of new users, the stock futures market has a special stock futures simulation trading platform. You can conduct stock futures simulation trading on this platform, so that we can enrich our knowledge through continuous summarization. The experience of stock futures simulated trading experiment organized below, from the difference between stock futures simulated trading and real offer, as well as the advantages and disadvantages analysis, let you understand whether stock futures simulated trading is useful.
What is the difference between stock futures simulated trading and real trading?
Stock futures simulated trading is a simulated transaction in accordance with the process and operation method of real futures trading, but without the need to inject margin. For investors who plan to enter the market, simulated trading can make them familiar with the trading system and trading mode And have a preliminary concept of futures trading.
The firm offer of stock futures is to trade with real cash after opening an account in a futures company, and earn profit from the price difference by buying and selling commodity futures or stock index futures. Futures trading is an advanced trading method developed on the basis of spot trading and based on forward contract trading. It refers to the trading form of futures contracts in the form of open competition on commodity exchanges through brokers for those large quantities of homogeneous commodities in order to transfer the risk of market price fluctuations.
Advantages of stock futures simulation trading
1. Cost savings
Cost saving is the biggest benefit of stock futures simulation trading, because you don’t have to put real money into the market to fight. Usually, it is easier to lose money when you are a novice. You can save a lot of transaction costs and losses through stock futures simulation trading. Let you still have funds to invest in the future.
2. Familiar with transaction execution and system establishment
Stock futures simulation trading will make it easier for you to execute trading actions and build your own trading system without too much emotional interference. Process systematization.
Disadvantages of stock futures simulation trading:
1. The trading experience is not obvious
Because you do not trade with your own money, the greed and fear generated by the market will make you feel less obvious. This is the main shortcoming of investment simulation. If there is no gain or loss through money, there will be no obvious psychological feelings. Change, which is a pity for learning to invest.
2. There is a gap with the actual combat response
Since the trading experience is not obvious, you are less likely to react to the actual trading, which will cause you to accumulate trading experience relatively slowly. In the market, prices and other environments change rapidly, so stop loss, stop profit The response must be very timely, and this part has to be improved in actual combat.
Summary of stock futures simulation trading experiment experience
1. In stock futures trading, don't go long because you think the fall is too deep, and don't sell short because you think the rise is too high. There is a saying that catches the falling flying knife, which means, don't use the price level as the starting point for judging the trend. Follow the trend and boldly pursue more or less. This is exactly my weakness. Some futures traders continue to increase their positions on wrong orders in an attempt to lower costs.
2. There are too many orders. Although the trend has been grasped, the profit has not been maximized. Seeing that a certain order has made hundreds of thousands, is it going to be reversed soon? There is such a question in my heart immediately, this is the fear of profit. Psychologically, I still can't be calm.
3. The trading plan cannot be strictly implemented. The trading plan I originally made was bearish, and a small pullback immediately closed all the short positions that were originally excellent short positions, resulting in a 240-point drop.
4. Without evaluating the risks you can bear, sometimes you will place heavy positions for profit, and almost blow up a few times.
5. No stop loss has been set for all orders. This is a big taboo for making a firm offer.
6. Make orders as soon as you have time, want to catch any market, and you are exhausted.
This is the end of the introduction of simulated futures trading and experience. Have you found the information you need? If you want to know more about this and open a simulated account for futures, you can pay attention to Doo Prime, a brokerage firm of Depu Capital, which will open a simulated trading account for you for free.