Futures multi-position means that an investor sells his long position and closes it, while a new investor buys a long position at this price to open a position. Selling a position and buying a position is equivalent to one investor giving up many hands and being bought by another person, that is, many hands change hands.

Short position exchange: the original short position buys and closes the position, and the new long position sells and opens the position, and the position remains unchanged.

Multi-payment: the original bulls sell and close positions, and the new bulls buy and open positions, and the positions remain unchanged.

The whole process of futures trading can be summarized as opening positions, holding positions, closing positions or physical delivery. Opening a position means that a trader newly buys or sells a certain number of futures contracts. In futures trading, if one party wants to buy, it must correspond to the other party's desire to sell. Suppose A wants to buy 10 soybean contract, and B only wants to sell 10 soybean contract, then they just have a deal. When two positions are opened at the same time, and the variety and quantity of trading contracts are the same, it is called double opening. Double opening means that two positions are opened at the same time, so add positions.

Double opening: long and short positions are opened at the same time, and positions are increased.

Duoping: sell long positions and close positions.

Short positions: short buying and closing positions.

Shuangping: The original long position was closed, the original short position was closed, and the position was reduced.

Short positions: short selling and opening positions.

Open more: buy more and open more positions.

Lock warehouse: lock profit and loss with multiple or empty orders.

Futures: completely different from spot, spot is actually a tradable commodity (commodity) Futures are mainly not commodities, but standardized tradable contracts with certain mass products such as cotton, soybeans and oil and financial assets such as stocks and bonds as the targets. Therefore, the subject matter can be commodities (such as gold, crude oil and agricultural products) or financial instruments.

The delivery date of futures can be one week later, one month later, three months later or even one year later.

A contract or agreement to buy or sell futures is called a futures contract. The place where futures are bought and sold is called the futures market. Investors can invest or speculate in futures.

Futures and spot are completely different. Spot is actually a tradable commodity. Futures are mainly not commodities, but standardized tradable contracts with certain mass products such as cotton, soybeans and oil and financial assets such as stocks and bonds as the targets. Therefore, the subject matter can be commodities (such as gold, crude oil and agricultural products) or financial instruments.