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Huobi Futures Trading Tutorial

王林
王林Original
2024-07-02 12:20:02947browse

Huobi futures trading is a leveraged transaction that allows users to trade assets with higher leverage to increase potential profits and losses. It offers two contract types: perpetual contracts and delivery contracts. After opening an account, users can select a contract type, set leverage, and top up with supported cryptocurrencies. Orders include long orders, short orders, limit orders and market orders. Managing positions involves adding positions, reducing positions, take-profit orders and stop-loss orders. Profit and loss can be achieved by actively or automatically closing positions. Risk management is crucial, including controlling leverage, using take-profit and stop-loss orders, and establishing a position management strategy. Contract trading has higher risks and is not suitable for all investors.

Huobi Futures Trading Tutorial

Huobi Contract Trading Tutorial

Introduction to Contract Trading

Huobi Contract Trading is a leveraged transaction that allows users to trade assets without holding actual assets. Leverage increases the amount of potential profits and losses.

Types of Contract Trading

Huobi.com provides two types of contract trading:

  1. Perpetual Contract: No expiry date and can be traded at any time.
  2. Delivery Contract: Expires on a specific date and the position must be closed before this date.

Open a futures trading account

  1. Register on Huobi.com and complete identity authentication.
  2. Click on the "Contracts" tab and select the type of contract you want to trade.
  3. Set the leverage multiple (1x-125x).
  4. Fund your account using USDT or other supported cryptocurrencies.

Place an order

  1. Long order: A position opened when it is predicted that the price will rise.
  2. Short order: A position opened when it is predicted that the price will fall.
  3. Limit Order: An order that is executed when the price reaches a specific level.
  4. Market Order: An order that is executed immediately at the current market price.

Manage positions

  1. Add positions: Increase the number of existing positions.
  2. Reduce position: Reduce the number of existing positions.
  3. Take-profit order: An order that automatically closes a profitable position when the price reaches a certain level.
  4. Stop Loss Order: Automatically close losing orders when the price reaches a certain level.

Close positions

  1. Active liquidation: Manually close positions to achieve profit and loss.
  2. Automatic closing: When the margin is insufficient, the system automatically closes the position.

Risk Management

  1. Control the leverage multiple: The higher the leverage multiple, the greater the potential profits and losses.
  2. Take Profit and Stop Loss Orders: Limit potential losses and lock in profits.
  3. Position Management: Spread your positions to reduce risk.
  4. Risk control: Set stop loss and position reduction strategies to control the amount of loss.

Notes

  1. Contract trading has high risks and is not suitable for all investors.
  2. Please thoroughly understand the mechanics and risks of contract trading before making any trades.
  3. Always trade only the amount you can afford to lose.

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