The admission price is the purchase price; Target price is the price you expect to make a profit; Stop loss price is the price that allows stop loss on the basis of the purchase price, which is generally set as the purchase price, and a 3% drop is the stop loss price; Position refers to how much principal is used to buy stocks. For example, a 30% position means that you have used 30% of the principal.

If you are doing futures, the above concepts are explained as follows:

Admission price refers to the price when you are short or multi-order; Of course, the stop-loss price also refers to the stop-loss price set when a loss occurs; Target price refers to the price of your expected profit; The explanation of position is the same as that of stock.

How to combine the four: the four can only be used flexibly according to the specific market conditions, and there is no fixed model.