Closing a position is a long-term operation technique, which refers to buying a stock when it enters the value investment zone without looking at it. If you open a position and sell it after a long period of time, the profit will be huge. The buying period is generally before the market is about to start; the selling period should be chosen when the market is hot.

Extended information

Futures terminology -

The whole process of futures trading can be summarized as opening a position, holding a position, closing a position or physical delivery. Buying or selling a futures contract in the futures market is equivalent to signing a forward delivery contract. If a trader keeps this futures contract until the end of the last trading day, he must settle the futures transaction through physical delivery or cash settlement.

However, only a small number of people carry out physical delivery. Most speculators and hedgers usually choose the opportunity to sell the futures contract they bought before the end of the last trading day, or sell the futures contract they sold. buy. That is, a futures transaction of equal quantity and opposite direction is used to offset the original futures contract, thereby closing the futures transaction and releasing the obligation for physical delivery upon expiration.