Opening a position means opening a position, being bullish means buying futures contracts, and being bearish means selling futures contracts, which is a process of turning money into futures;

Closing a position is to dispose of the futures contract held in your hand, that is, the process of turning the futures in your hand into money;

Ping Jin will close the positions opened on the same day.

For example, your futures account has 6,543,800 yuan, and you think that soybean futures will go up, so you buy 654.38+ 00 lots of soybean futures contracts. This process is to open positions;

If you close your original soybean futures 10 lot on the same day, that is, close your position. If it is left to the next trading day, you should choose to close the position. That is to say, the day of trading is called Ping Jin, and the next day is called liquidation day.

I don't know if you understand.