In foreign exchange transactions, "opening a position" means opening a position. Opening a position, also known as exposure, is the act of buying one currency and selling another. After the opening, one currency is long (long) and the other currency is short (short).
Liquidation is also a technical term of futures trading, which refers to a trading behavior in which one of the buyers and sellers cancels the futures that have been bought or sold. In stock trading, bulls sell stocks that have been bought, and bears buy stocks that have been sold.
Forced liquidation means that investors need to make up for the loss of trading funds due to the futures margin trading system during futures trading hours. If they fail to make up the funds within the specified time, the futures contract will be forced to sell and close the position.