What do you mean by closing and opening positions?
Opening a position, as the name implies, is opening a position, which means that a trader newly buys or sells a certain number of futures contracts. In trading, there is usually an operation mode. One is bullish, that is, the buyer and the other is bearish, that is, the seller. No matter whether you are long or short, as long as you place an order, it can be called opening a position.
Closing position is a kind of trading behavior for traders to close positions. The closing position is mainly aimed at the position direction and used as a reverse hedging transaction. For example, I used to buy it and now I sell it. Suppose it was borrowed and sold before, then buy it now. In short, hold cash after closing the position.
In investment, buy when opening positions and sell when closing positions; Sell when opening positions and buy when closing positions. In spot trading, liquidation refers to the transfer of the original sales contract, whether it is making money or losing money, as long as the transferred purchase is signed, it can be called long liquidation; Concluding a contract by buying, transferring or selling is called short position closing; If both buyers and sellers close their positions, it is called double-flat. Because of the different meanings of opening position and closing position, traders must indicate whether to open position or close position when buying and selling futures contracts.
The above content is a general introduction to the concepts of opening and closing positions in this paper. Do you understand everything? In the investment market, we will hear some technical terms. If you don't understand them, you can study theoretically, but if you want to make money, you must practice!