The lock order in the spot crude oil is to lock the profit and loss of the transaction. It is a two-way trading mode that does not want to stop trading in the fluctuation of the market, but saves the existing profits or avoids the expansion of losses, that is, holding two equal buying and selling positions in the same variety of investment targets at the same time, which is also interpreted as hedging.

There are two kinds of lock orders: lock loss orders and lock profit orders.

Lock profit list: Strictly speaking, there is little difference between locking profit and locking loss. The only difference is that when the order is locked, one account holds a loss and one account holds a profit.

Lock damage order: generally, the order will be locked in the following situations: in one case, when the market becomes unclear after placing an order, you can choose to lock the order; There is also a situation where the investor has not set a stop loss, and when the investor's account loss is already large, he can't bear to close the position. In order to prevent greater losses or short positions, he can also choose to lock the loss operation.