Futures Tutorials
-
开仓前先选好单向模式还是对冲模式
Binance 和 OKX 都说明，单向模式会合并同一合约方向，而对冲模式可同时持有多空仓；设置错误会影响平仓和保证金使用。
-
Choose hedge mode or one-way mode before the futures trade goes live
Binance and OKX explain that one-way mode nets positions while hedge mode can hold long and short exposure at the same time; the wrong setting can change exits and margin use.
-
30年期美债站上5%附近，是跨资产交易信号
长端美债收益率回到5%区域，会影响股票估值、黄金、油价敏感度和股指期货风险，即使指数表面平静也不能忽视。
-
The 30-year Treasury above 5 percent is a trading signal across assets
Long-bond yields around the 5 percent zone affect equity multiples, gold, oil sensitivity and index-futures risk even when the headline stock indexes look calm.
-
ADL是很多期货交易者太晚才想起的风险
自动减仓在大型平台上并不常见，但它正是高杠杆交易者在拥挤永续市场剧烈波动前应先理解的尾部风险。
-
ADL is the futures risk traders remember too late
Auto-deleveraging is rare on large venues, but it is exactly the kind of tail risk leveraged traders should understand before crowded perpetual markets move violently.
-
模拟交易适合练流程，不适合证明策略稳赢
Binance、OKX和Bybit都提供模拟或测试环境。它们适合熟悉下单流程和爆仓机制，但模拟盈利不能等同于实盘证明。
-
Use demo trading to test the workflow, not to prove a strategy
Binance, OKX and Bybit all describe demo or test environments. They are useful for learning order flow and liquidation mechanics, but simulated profit is not live-market proof.
-
油价和美债收益率仍是股指期货的关键组合
原油、美债收益率以及24小时衍生品交易的争议，指向同一个交易提醒：周末风险可能在现金市场开盘前先重定价。
-
Oil futures and Treasury yields are the macro pair to watch
Crude oil, Treasury yields and the debate over longer trading hours all point to the same lesson for index-futures traders: weekend risk can reprice Monday before the cash market opens.
