Eureka Exchange Contract Tutorial

Contract trading is a type of financial derivatives trading that allows traders to predict changes in the price of underlying assets to make profits. Features of Eureka Exchange contracts include leveraged trading, perpetual contracts, mark prices and funding rates. Getting started with contract trading includes selecting contract types, determining trading direction, setting leverage, setting take profit and stop loss, and position management. Contract trading risks include liquidation, volatility and funding rates. Available contract trading strategies include trend trading, counter-trend trading, and quantitative trading.

European Exchange Contract Tutorial

What is contract trading?

Contract trading is a type of financial derivatives trading that allows traders to make profits by predicting future price movements of the underlying asset without owning it.

Features of EuroExchange contracts:

• Leverage trading: magnifies trading gains and losses.
• Perpetual contract: No delivery date and can be held indefinitely.
• Marked Prices: Prices updated in real time, reflecting market demand and supply.
• Funding rate: The financing cost charged or paid according to the position direction.

Getting started with contract trading:

1. Select the contract type:

• USDT Perpetual Contract: Denominated in USDT.
• Coin-margined perpetual contract: Denominated in cryptocurrencies such as BTC.

2. Determine the trading direction:

• Bull: Predict the price to rise and buy the contract.
• Short: Predict the price to fall and sell the contract.

3. Set leverage:

• Understand the risks brought by leverage and choose carefully.
• The higher the leverage, the greater the magnification of gains and losses.

4. Set take profit and stop loss:

• Take profit: automatically close the position to lock in profits.
• Stop loss: Automatically close positions to limit losses.

5. Position management:

• Monitor positions and adjust or close positions in a timely manner.
• Avoid over-adding positions and manage risks.

Contract trading risks:

• Liquidation: Leverage trading results in insufficient margin and forced liquidation.
• Volatility: Contract trading is greatly affected by market volatility.
• Funding rate: When the position is held in an inappropriate direction, you may need to pay a funding rate.

Contract Trading Strategy:

• Trend Trading: Trade following the market trend.
• Counter Trend Trading: Trade when the market reverses.
• Quantitative Trading: Trade using algorithms and technical indicators.

The above is the detailed content of Eureka Exchange Contract Tutorial. For more information, please follow other related articles on the PHP Chinese website!