position is a commonly used word in the financial industry, which is often used in finance, securities, stocks and futures trading.
For example, when opening a position in futures trading, the position held after buying a futures contract is called a long position, referred to as a long position; The position held after selling a futures contract is called a short position, referred to as a short position. The difference between an open long contract and an open short contract is called a net position. This is only done in futures trading, but not in spot trading.
In foreign currency trading, "
establishing a position" means opening. Opening, also known as exposure, is the act of buying one currency and selling another. After the opening, one currency was long (long) and another currency was short (short). Choosing an appropriate exchange rate level and timing to establish a position are the prerequisites for profitability. If the timing of entering the market is good, the chances of profit will be great; On the contrary, if the timing of entering the market is improper, it is prone to losses. Net position refers to the trading difference between one currency and another after the opening.
in addition, there are other sayings in the financial industry, such as tying up positions and borrowing positions.
there are many kinds of position dates: the first position date (the first day of the futures delivery process) and so on, and most of them refer to the day when the money is used.