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Tutorial on Huobi futures trading

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2024-07-02 12:34:57979browse

Contract trading is a type of financial derivative that allows traders to speculate on price changes in a specific asset without holding the underlying asset. Huobi Contract Trading is a platform launched by Huobi.com that provides various cryptocurrency contract transactions. To conduct Huobi futures trading, you need to: open an account and complete real-name authentication, transfer funds to the contract account, select the contract type, set parameters, and open a position. The trading strategies that can be adopted include setting stop-loss orders and take-profit orders, placing orders in separate orders, and hedging strategies. Contract trading is a high-risk investment and should be entered with caution. This article is for reference only and does not constitute investment advice. Contract transactions are at your own risk.

Tutorial on Huobi futures trading

Huobi Contract Trading Tutorial

1. What is contract trading?

Contract trading is a type of financial derivative that allows traders to speculate on price changes of a specific asset without holding the underlying asset. The subject matter of contract transactions can be stocks, commodities, foreign exchange, etc.

2. Huobi Contract Trading

Huobi Contract Trading is a contract trading platform launched by Huobi.com, providing a variety of cryptocurrency contract transactions, including BTC, ETH, EOS, etc. Huobi futures trading has the advantages of high leverage, low handling fees, and rich trading varieties.

3. How to trade Huobi futures?

  1. Open an account
    Register a Huobi account and complete real-name authentication.
  2. Fund transfer
    Transfer funds from Huobi account to contract account.
  3. Select the contract type
    Select the contract type you want to trade, such as BTCUSD or ETHUSD.
  4. Set parameters
    Set parameters such as leverage multiple, trading direction, open position quantity, etc.
  5. Open a position
    Click the "Buy" or "Sell" button to open a position.

4. Contract Trading Strategy

  1. Stop Loss Orders and Take Profit Orders
    Set stop loss orders and take profit orders to control risks and profits.
  2. Place orders in separate orders
    Split large orders into small orders and place orders gradually to avoid huge losses due to large market fluctuations.
  3. Hedging strategy
    Use different contract types for hedging to reduce overall risk.

5. Risk Warning

Contract trading is a high-risk investment and may face the risk of liquidation. Before trading, you must fully understand the principles and risks of contract trading, and enter the market with caution.

6. Disclaimer

This article is for reference only and does not constitute investment advice. Contract transactions are at your own risk.

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