Core Insights - The article emphasizes the importance of timing and price in stock index futures trading, comparing it to playing a musical instrument where both basic and advanced skills are necessary for success Group 1: Trading Techniques - Timing is crucial for stock index futures trading, with recommendations to avoid high volatility periods such as the market opening and to prepare for potential movements during the closing period [1] - Market orders are suitable for quick transactions during sudden market changes, while limit orders are recommended for specific target prices to avoid impulsive decisions [1] - The distinction between main and secondary contracts is highlighted, with a preference for main contracts due to their higher liquidity and lower transaction costs [1][2] Group 2: Day Trading Strategies - Day trading is suitable for investors sensitive to short-term fluctuations, with strategies to capitalize on small price movements [4] - Strict stop-loss measures are advised, limiting losses to no more than 3% of the margin and restricting daily trades to 3-5 to prevent overtrading [5] Group 3: Overnight Holding Strategies - Overnight positions carry risks from external news, suitable for clear trends or hedging against overnight risks [6] - A recommendation to reserve at least 50% of total funds as margin for overnight positions to manage unexpected volatility [6] Group 4: Simulation Trading - Simulation trading serves as a practice ground for beginners, allowing them to familiarize themselves with the trading process and test strategies [7] - A duration of 1-2 months of simulation trading is suggested before transitioning to real trading, ensuring consistent profitability [7] Group 5: Common Mistakes to Avoid - New traders often make three common mistakes: not setting stop-losses, over-leveraging, and trading against market trends [8] - A structured trading plan is recommended to mitigate these errors, akin to a student reviewing notes before an exam [8] Group 6: Capital Management Principles - The core principle of capital management is the "three-thirds rule," dividing total capital into three parts for trading, reserves, and emergencies [9] - Adjustments to positions should be made based on performance, with a cap on increasing positions after profits and a strategy to pause trading after consecutive losses [9]

期货盯盘神器专属文章 中国PVC价格环比上周有所上涨，旧产能或面临淘汰，市场预期供需将如何演变？ 相关链接 ...

Core Viewpoint - The stock index futures concept stocks have shown significant volatility during specific trading hours, with a notable correlation between stock index futures movements and the performance of related concept stocks [1][2]. Recent Performance Drivers - In Q2 2025, stock index futures concept stocks rose by 12%, driven by three main factors: increased market activity with a 20% year-on-year growth in daily trading volume of the CSI 300 index futures, enhanced expectations for brokerage revenue, and a 4 percentage point contribution to the rise; expectations for the expansion of financial derivatives, leading to a 4 percentage point increase in valuations; and increased hedging demand from institutions, contributing an additional 3 percentage points to the rise [2]. Sector Composition and Adjustment Impact - The stock index futures concept stocks are primarily composed of three categories: brokerage stocks (60% share), futures companies (30% share), and financial IT stocks (10% share). In June 2025, the share of futures companies increased to 35% due to a 35% year-on-year growth in their business, while brokerage stocks decreased to 55% [3]. Fund Flow Analysis - Institutional funds are the main drivers of stock index futures concept stocks, with public funds increasing their holdings by 20 billion yuan in Q2 2025, primarily in leading brokerage stocks. Northbound capital also showed active trading, with a net purchase of 8 billion yuan in concept stocks during the same period [6]. Linkage with Stock Index Futures - There is a strong correlation between stock index futures concept stocks and the futures positions. When positions exceed 1 million contracts, concept stocks average a 2% increase. In May 2025, positions reached 1.1 million contracts, resulting in a 5% increase in the sector [7].

如果把股指期货交易比作驾驶一艘帆船，操作前的准备就像检查船体和帆具，交易步骤如同扬帆、掌 舵、调整航向，而风险控制则是应对风浪的智慧，只有每一步都做好，才能在市场的海洋中平稳航行。 股指期货操作的前提准备：资质与知识的储备 进行股指期货交易，首先要满足开户条件。我国要求投资者开户时保证金账户可用资金不低于 50 万 元，具备股指期货基础知识并通过测试，拥有累计 10 个交易日、20 笔以上的股指期货仿真交易成交记 录，或近 3 年内具有 10 笔以上商品期货交易成交记录。这些条件就像考驾照的学时和考试要求，确保 参与者具备基本的操作能力。 股指期货的开户流程：合法参与的第一步 股指期货开户必须通过正规期货公司，流程主要包括五步：第一步，选择具备资质的期货公司，可通过 中国期货业协会官网查询名单，就像选择有资质的旅行社；第二步，携带身份证、银行卡到期货公司营 业部，或通过官方 APP 线上开户，线上开户需进行视频验证；第三步，填写开户资料，包括风险测评 问卷，测评结果需符合要求；第四步，签署相关协议，明确权利和义务；第五步，开户成功后，存入保 证金，即可开始交易，就像开通银行账户后存钱才能使用。 开户过程中，期 ...

恒生股指期货是以香港恒生指数为标的的标准化期货合约，由香港交易所推出，是国际金融市场重要的 风险管理工具。恒生指数包含50只香港上市的优质股票，覆盖金融、科技、地产等核心行业，恒生股指 期货通过保证金交易实现杠杆效应，投资者只需缴纳合约价值5%-10%的保证金就能参与交易，例如一 手合约价值100万港元时，保证金约5-10万港元。它并非直接交易股票，而是对恒生指数未来价格走势 进行预判，既可以在指数上涨时获利，也能在下跌时通过做空盈利，是反映香港股市预期的重要指标。 主要类型及特点 恒生股指期货按合约到期日可分为当月、下月及随后两个季度合约，不同合约流动性差异明显，当月合 约日均成交量达30万手，是市场交易主力；季月合约成交量相对较少，适合长期套保。按标的细分，有 恒生指数期货、恒生中国企业指数期货等，恒生指数期货覆盖范围最广，2024年年化波动率22%；恒生 科技指数期货聚焦科技股，波动更大，年化波动率30%，更受成长型投资者关注。不同类型合约满足不 同交易需求，短期交易者偏好当月合约，长期机构更倾向季月合约。 恒生股指期货价格与恒生指数现货走势高度联动，基差（现货指数-期货价格）通常在±20点内波动，当 ...

夜盘开盘，国内期货主力合约涨跌不一，焦煤涨超2%，沪锡涨超1%。下跌方面，氧化铝跌近2%，纯 碱、玻璃跌超1%。 ...

多晶硅期货再创上市以来新高，广期所调整多晶硅期货PS2509合约上单日开仓量不得超过3000手，机 构分析表示，政策预期下，远月合约的表现或整体偏强。 相关链接 期货热点追踪 ...

天然与合成橡胶日评20250723: 天然橡胶震荡偏强 合成橡胶震荡偏强 | HONGYUAN FUTURES | | | | | | | --- | --- | --- | --- | --- | --- | | | 变量名称 | 2025-07-22 | 2025-07-21 | 2025-07-14 较昨日变动 | 近期走势 | | | 收盘价 | 15060 | 14895 | 14360 | 165.00 - | | 天然橡胶 | 成交量(手) | 567016 | 438790 | 290614 | 128, 226.00 mm | | 期货活跃合约 | 持仓量(手) | 216311 | 218128 | 211915 | -1,817.00 man | | | 注册仓单量 | 186620 | 186620 | 188650 | 0.00 | | | 天然橡胶基差 | -85 | -20 | -135 | -65 00 VV | | 天然橡胶基差 | 天津-上海标准胶SCRWF日度价差 | -125 | -125 | -125 | V 0.00 | | (现货与期货) | 山东-上海标准胶SC ...

| 11/2 | > 國技期货 | | | 化工日报 | | --- | --- | --- | --- | --- | | | | 操作评级 | | 2025年07月23日 | | 尿素 | 女女女 | 甲醇 | 女女女 | 庞春艳 首席分析师 | | 纯苯 | なな女 | 苯乙烯 | ☆☆☆ | F3011557 Z0011355 | | 影丙烯 | ☆☆☆ | 塑料 | ☆☆☆ | | | PVC | 女女女 | 烧碱 | ☆☆☆ | 牛卉 高级分析师 | | PX | 女女女 | PTA | ☆☆☆ | F3003295 Z0011425 | | 乙二醇 | ★☆★ | 短纤 | ★☆★ | 周小燕 高级分析师 | | 玻璃 | 女女女 | 绅碱 | ☆☆☆ | F03089068 Z0016691 | | 瓶片 | 女女女 | 丙烯 | な女女 | | | | | | | 王雪忆 分析师 | | | | | | F03125010 | | | | | | 010-58747784 gtaxinstitute@essence.com.cn | 【烯烃-聚烯烃】 丙烯期货日内窄幅波动，小幅收跌。宏观消息 ...

相关链接 租借利率飙15%！铂金现货挤仓是真相还是陷阱？11年新高暗藏杀机，投行齐发空头警告，供应炒作能 否扛住需求萎缩；资金面罕见背离信号：铂金期货净多头飙升，ETF持仓却按兵不动，谁在说谎？止损 策略比方向更重要>> 铂金暴涨背后：神秘买盘VS大行唱衰 ...