April 17, 2008, the first gold futures market 100 days.

"209.8 yuan / g." 9:00, Au0806 Open Price contract. And 100 days before the retail investors have vied with one another more than single admission, the day the transaction seemed too dull. As early as a month ago, a large number of retail investors withdrew mortality makes this market a lot of clean……

Gold futures closed from Mingluo, retail unconscious crazy to do more with the rational formed a low-key short debit contests funds in the tens of billions of transactions in the life and death struggle.

100 days later, gold futures occupy 90% of the retail market in Chengdu, seven losses and had to exit. And Shandong Gold, Zijin Mining gold futures become the biggest winner. This debit a chessboard, the two sides early outcome.

"Most of the stock market investors' fight 'gold futures in the futures market and gold investment inexperienced circumstances, as the stock futures to speculation that the gold futures market just like' shares', can be continuous skyrocketing. stock control their thinking. "Beijing medium-term financial futures brokers Products Limited gold analyst Gao Song said.

At least from the current view, the gold futures market is not to the majority of investors (especially new entrants into the market of the people) bring the expected benefits. Multiple especially in the two contests, more investors may be warning and the lessons learned.

January 9, the first day of listing: high retail recovery

Beijing, Tiantongyuan Small, celebrities Garden. Open from 9:00 still one hour, Pharaoh, as usual, Chong has a cup of coffee on the table, the coffee flavor, some watching on the Internet gold futures comment.

As a first joined the new gold futures market players, with the majority of the people, like Pharaoh, and personally experience the feeling of this 100 days, "bloody dramas." The stock market downturn led many investors have transferred to the futures market, he is also one of them. Gold futures listed two days ago, he went to the Beijing business department of the Galaxy futures opened households to become a public stage.

9:00, 209.99 yuan / g Open, the commencement of trading. Brewing for a long time to buy the explosive, a large number of retail frenzied buying futures, large screen displayed continuously on the trading market, the continuous substantial intervention to buy gold futures contracts Au0806 main trading prices soaring, the rapid turnover also increased to 103,364 hand… …

"Let us look at it out." Always "safety first" thinking of the Pharaoh investment made this decision, although a fight in the stock market, the 15 veteran, but in the futures market, he is a new of the people.

Apart from the main contract Au0806, all other gold futures contract opened on a price to ended, the major way contract Au0806 also washed 230.99……

Dramatic scene appeared, in the main contract Au0806 hit , a rotary suddenly dropped significantly, the majority of the retail investors were trap.

"Fortunately, without any provocation involved." See this scene, secretly glad that Pharaoh heart. Michi about on the corner of a brass Zhuojia caused Wall Street cattle, he hopes that the inside of this in the stock market bless his Shenwu can let him in the futures market also lucky.

And the retail funds are secure in stark contrast, Shandong Gold-the same day as the first big shorts, short-400 Open Hand, in the spot market and buy 400 hand, the same day open profits.

"Speculation domestic investors like new, with the gold futures blindly, resulting contract Kaipanjiage higher. Gold at the world is in a rising channel, the domestic gold prices has also had a significant stimulus effect. Gold futures in China Open, the main use of funds for institutions with high Konghuangpan advantages will be shared gold futures prices down substantially suppressed, thus Gaokaidizou gold futures price movements. "Gao Song said.

This is the gold futures market on the first day, so many dramatic roller coaster bearing retail firm.

January 22, listed 14 days: the prospects of the test

From January 9 to January 22 this period, the Au0806 gold futures brass ball valve  contract price shocks all the way down. Au0806 contract from the first day of the listed maximum 230.99 yuan / g reduced to January 22 the minimum 204.72 yuan / g, closing prices from January 9 to 223.3 yuan / g fell to January 22 of 206.42 yuan / g, or 7.56%.

"Dropped almost!" Some investors insist longs Admission do brass ball valve  more thinking once again. Positions trend has increased steadily, from January 9 to position 16,342 hand on January 22 of 29,326 hands.

Unable to remain still the desire of transactions, Pharaoh also during this test carefully to buy two hands.

Contrary to his shocking a market will be staged at……


New York gold futures prices in the last-900 US dollars / ounce after adjustments, the way encountered strong dollar rebound, New York April gold futures contract fell 17.4 US dollars, 900 US dollars a positive territory after the biggest one-day decline in the period was the sharp fell on the already in a decline in the domestic gold to major combat.

January 22, the domestic futures market closed, and rapidly declined substantially, a number of contracts hit intraday Dietingban. Au0806 contract closed down almost 4% rate, on reaching the lowest price since listing 204.72 yuan / g.

This sudden movements, just "Chaodi" Pharaoh Shejichensha brass ball valve  again.