The former is the overall income of the position, and the latter is the profit and loss of at least one settlement date.
Open position, also known as open position, refers to a certain number of futures contracts newly bought or sold by traders.
The whole process of futures trading can be summarized as opening positions, holding positions, closing positions or physical delivery. Buying and selling a futures contract in the futures market is equivalent to signing a forward delivery contract. If traders keep futures contracts until the end of the last trading day, they must settle futures transactions by physical delivery or cash settlement.
way
The first step is to use the foreign exchange moving average to judge the position direction. When investors speculate in foreign exchange, they should choose the most suitable moving average system according to their own preferences in the technical analysis of this paper, and use this moving average system to judge the direction of their positions. It is worth noting that when analyzing the foreign exchange trend with the moving average chart, the small period should be consistent with the large period, in order to accurately judge the fluctuation trend of the exchange rate.
The second step is to judge the support level and resistance level by drawing lines. The tools recommended here are mainly Feifei-Polacci line and channel line, and the important support level is also the main basis for our stop loss judgment;
The third step is to judge the speed by using the K-line chart of foreign exchange. The main thing to do here is to judge the strength comparison between multiple parties and empty parties in the foreign exchange market, mainly using some K lines and K lines;
The fourth step is to make further improvement by using indicators. At this point, we need to use some indicators, such as RSI and KDJ, to further determine the appropriate entry point. At this time, these indicators are mainly used for assistance;
The fifth step is to assume the way to deal with various situations. The main thing we need to do here is to determine the exit point and exit point. Because we may encounter various situations when foreign exchange fluctuates, we should assume the way to deal with these situations;
Step six, calculate the risk ratio of this position. Usually when the risk ratio is 1 to 1.3, you can open a position.
The seventh step is to formulate specific trading strategies. After the above steps, you can make a specific trading strategy. At this time, it is necessary to judge the specific stop loss price and take profit price. After the trading strategy is formulated, the set stop-loss price should not be easily modified.