Opening a position: buying and selling into the market and opening a new position.

Close position: refers to the act of a futures trader buying or selling a futures contract of the same variety, quantity and delivery month as the futures contract he holds but with the opposite trading direction to close a futures transaction.

Settlement price: refers to the weighted average price of the futures contract on the trading day

Stop loss: that is, the position is closed and the loss is eliminated.

Take profit: The profit-making position will be closed after the profit position is adjusted back to a certain price to ensure profit.

Floating profit and loss: The unrealized profit or loss of an open position calculated based on the calculation price on that day.

When the stop loss is scanned, the price reaches the stop loss level you set, and the system automatically closes the position.