Futures Contracts: Definition, Types, Mechanics, and Trading Use
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SHAHEED |TRADER-FX&FUTURES| on Instagram: ": First thing you must understand: In futures trading, you are not buying the asset like CFD. You are trading a contract. A futures contract is an agreement to buy or sell an asset at a specific price in the future. So when you trade Gold futures, you are not trading physical gold. You are trading a Gold futures contract. 🔹 Mini (E-mini) – bigger contract 🔹 Micro – smaller contract Micro is simply 1/10th the size of Mini. : Gold: Mini → GC Micro → MGC
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SHAHEED |TRADER-FX&FUTURES| on Instagram: ": First thing you must understand: In futures trading, you are not buying the asset like CFD. You are trading a contract. A futures contract is an agreement to buy or sell an asset at a specific price in the future. So when you trade Gold futures, you are not trading physical gold. You are trading a Gold futures contract. 🔹 Mini (E-mini) – bigger contract 🔹 Micro – smaller contract Micro is simply 1/10th the size of Mini. : Gold: Mini → GC Micro → MGC
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