Futures Tutorials

Reduce-only和post-only只是订单界面上的小选项，却分别解决持仓方向和成交方式两类问题。

Reduce-only and post-only look like small order-screen settings, but they solve very different futures trading problems.

黄金短线反弹后回落，交易者更应关注合约规模、保证金、美元和利率敏感度，而不是只看方向。

Gold’s latest pullback after a short winning streak makes contract sizing, margin and dollar-rate sensitivity more important than headline direction.

持仓模式会改变多空订单的处理方式。设置错误时，本来想对冲的订单可能变成平仓，本来想平仓的订单也可能变成新增敞口。

Position mode changes how long and short orders interact. The wrong setting can turn a hedge into a close, or a close into a second exposure.

MNQ可以帮助交易者更精细地调整纳指敞口，但合约变小并不等于风险消失。

MNQ contracts can help traders scale exposure more precisely, but smaller notional size does not remove futures risk.

短线反弹可能来自真实买盘，也可能来自空头被迫平仓。合约交易者需要同时检查持仓量、资金费率和强平分布。

A short-covering rally can look like fresh demand, but futures traders should separate spot momentum from forced liquidations, funding, and open-interest risk.