The lock order function only has investments that can be traded in two directions, that is, they can be long or short, which is generally used for emergency hedging when entering the market. If you don't click lock hedging, you can do the same group reverse order directly at the buying position, which will lead to the opposite side rushing back to the original position. For example, there is already a euro/dollar payment unit. If another Euro/USD sales part is set, the related parts will be automatically backflushed. This is the meaning of the lock list.

: 1. What does a futures lock order refer to?

1. futures lock order: when investors mistakenly analyze the market situation, the selling market price suddenly fluctuates greatly, and investors can't see the market trend clearly, they can lock the order, that is, they can make a reverse order of the same contract, keep short positions profitable and lose money, and avoid losses due to contrarian expansion.

2. The general order of locking orders is to avoid the ups and downs of the next day's opening, find a relatively effective price locking risk relative to the existing position before the closing of the first day, and open the position according to the opening situation of the next day. This method is generally the practical operation skill of big assets.

Second, lock orders are generally divided into two types: lock loss orders and lock profit orders.

1. Lock loss orders generally appear when there is no stop loss and the account has a large loss, so it is impossible to close the position. To prevent further loss or explosion, lock loss operation will be selected. Unlocking the lost list will be difficult. You need to drop a list at the right time, and then the market will use the forecast to drop another list, so that you can successfully unlock it.

2. Strictly speaking, there is almost no difference between locking profit orders and locking loss orders. The only difference is that locking the profit sheet is operated when the account is profitable. The purpose of locking is to get through the uncertain market by locking orders, so as to realize medium and long-term profits.

Third, the form of lock list.

1. Strictly speaking, lock orders refer to warehouse receipts with the same price but different prices, but in fact, few people do this unless novices place the wrong orders.

The general order of locking orders is to prevent huge fluctuations in the market when it opens the next day. Before the first day's closing, find a reasonable price to lock the risk, and then unlock it according to the market after the opening the next day. This method is generally a large capital operation method. Example: February 1, the market is bullish, buying at 2500 in the primary position and rising to 2550 before closing in the afternoon. It is expected that it will still rise the next day and decided to hold positions overnight. However, I was worried that CBOT would plummet at night and affect the trend of the next day, so I made a first-hand position at 2550 and locked in a profit of 50 points. If CBOT rises in the evening and opens in an upward trend the next day, the selling position will be stable.

3. Locking method is also used for arbitrage; For example, cross-month arbitrage and cross-species arbitrage, here I only give an example. When the price of a variety deviates from last month's price, the price difference will be much larger or smaller than usual. For example, there is a difference of 700 between soybean 805 and soybean 809 due to fundamental factors. At this time, we analyzed that the price difference is unreasonable, and the price difference must be rewarded with a profit of at least 300 points. Then we sold in soybean 805 2570, bought in soybean 809 2500, and closed our positions when the spread returned to around 400. In a word, I think the real meaning of locking orders is to avoid major operational mistakes and get the maximum benefit.