Second, open positions.
Open the warehouse, open the warehouse. There are usually two operating modes in trading, one is bullish (buyer) and the other is bearish (seller). Whether you are long or short, placing an order is called "opening a position". It can also be understood that in trading, whether buying or selling, all new positions are called opening positions.
Three: Holding positions
Holding positions means that investors can voluntarily decide to buy or sell futures contracts according to market conditions and personal wishes before the physical delivery or cash delivery expires. However, investors (bulls or bears) hold futures contracts without performing reverse operations (selling or buying) in the same delivery month and quantity, which is called "holding positions". In the futures operation of gold and other commodities, whether buying or selling, all new positions are called opening positions. After the operator opens a position, he holds a position in his hand, which is called a position.
Positions are subject to the following restrictions:
1. The new contract account option contract account has a right position limit of 20, a total position limit of 50, and a single-day cumulative position limit of 100.
2. Customers whose contract account has been opened for one month, the trading volume of option contracts has reached 65,438+000, they have three-level trading authority, are aggressive in risk tolerance, and their appraisal date is within one year. Right position limit 1000, total position limit of 2000, and daily cumulative opening limit of 4000.
3. The risk tolerance is enterprising, and the evaluation date is within one year.
(1) The contract turnover reaches 500, the balance of self-owned assets under custody of GF Securities exceeds 1 10,000, the power position limit is 2000, the total position limit is 4000, and the daily cumulative position opening limit is 8000; (2) The contract turnover reached 65,438+0,000 pieces and the balance of self-owned assets entrusted by GF Securities exceeded 5 million pieces. The warehouse limit is 5000 pieces, the total position limit is 1 000 pieces, and the daily cumulative opening limit is 1 000 pieces. If you need to query the position limit.
Four: Close the position
Closing positions refers to the collective name of selling stocks bought by bulls or short-selling stocks in stock trading. The purpose of selling stocks by bulls and buying stocks by bears is to earn differential income. It is very important to realize differential income or avoid losses when the market reverses.