In fact, another way to lock a position is called hedging. For beginners who use the foreign exchange market for foreign exchange trading, the most fundamental reason for locking positions is that they don't want to lose too many positions, so they open another position in the opposite direction of the original position. This is locking a position.

Reason for locking warehouse:

1, after the transaction, it is impossible to judge the development of the market outlook, and the lock position obtains the time buffer effect of judgment.

2. I made a mistake in the transaction, but made a judgment on the market situation, hoping to correct the wrong behavior.

3. The behavior of trading correctly, but judging the market situation, hoping to get more profits.

Worst of all, you don't want to stop loss after you have no opinion on the market and have illusions. This is an act of deceiving yourself and comforting yourself. Most positions are locked in this type.

Tips: The above contents are for reference only.

Response time: February 8, 2022. Please refer to the latest business changes announced by Ping An Bank in official website.