Futures trading volume refers to the bilateral cumulative quantity of a futures contract traded on the same day, and the unit is "hand".
Open position refers to the ratio of the market value (amount) of money held by investors to the total investment. In the futures market, open position refers to the sum of positions bought (or sold) before open position, and generally refers to the sum of open contracts in the buying and selling directions, also known as order quantity, which is generally even. By analyzing the change of positions, we can analyze the size, change and renewal of long and short forces in the market, thus becoming one of the technical analysis indexes different from stock investment. In the analysis of futures graphic technology, it is very important to cooperate with each other in volume and position. A correct understanding of the relationship between trading volume and position change can help us grasp the combination of graphic K-line analysis more accurately and help us understand the market language more deeply.
Because the market is the result of the interaction of various forces. Although the volume of transactions is relatively easy to be faked, the main force of control often makes use of the general retail investors' little knowledge of technical analysis to make a fuss about various indicators, but the volume of transactions is still one of the most objective factors.
The so-called deal, of course, can only be reached by buying and selling, and it is absolutely impossible to reach a deal by buying and selling alone. The transaction must be that some people are bearish on the market outlook, and some people are optimistic about the market outlook, resulting in huge differences, and each will get what it needs before it can be closed.
Volume is a manifestation of the relationship between supply and demand, which refers to the number of transactions in a time unit. When the demand exceeds the supply, the crowd is surging, and everyone wants to buy it, so the transaction volume will naturally increase; On the contrary, the supply exceeds the demand, the market is deserted, the buying gas is scarce, and the trading volume will inevitably shrink. Digitizing the crowd is the transaction volume. The turnover in a broad sense includes the number of shares traded, the turnover amount and the turnover rate; In a narrow sense, it is also the most commonly used one, which only refers to the number of stocks traded.
Volume refers to the total number of shares traded on that day (1 lot = 100 shares); It should be noted that people usually refer to the turnover of the market as the transaction amount. Explain the activity of the market and the scale of funds.
Transaction volume and transaction amount are expressed by the following formula: transaction quantity (transaction volume) * average transaction price = transaction amount (transaction volume).