Long position closing means selling the long bought orders

Because futures trading is a two-way transaction, there will be confusion when doing short trading. In the local market, the act of buying a short position is to sell a futures contract, and to close a position is to buy a futures contract. After closing the position, the transaction still means the end of the transaction. Although the two trades have different directions, they both realize price differences. One is a rising price difference, and the other is a falling price difference.

Compared with short position closing, long position closing means that the position is reduced, but the absolute value of the increase in the position is less than the current amount, and it is an active selling; short position closing means that the position is reduced, but the increase in the position is The absolute value of the increase is less than the current amount, and it is an active buying order. For example: Suppose there are three people as trading counterparties. Among them, A holds 5 long positions, B has 5 short positions, and C has no positions. If B wants to close part of the position, he will place a buy position to close 3 positions. C thinks that If the market goes up, then place a sell position and open 2 lots of buy positions. At this time, person A also wants to close the position, so he places a sell position and closes 5 lots of positions at the current price (buying price). The market will display: long position (long position) Long positions are closed), the current trading volume is 10 lots, and the position difference is -6. If it is a short position closing, A will take the initiative to place a closing order, and B will then close the position.