Open position: In futures trading there are usually two ways of operation, one is bullish market to do long (buyer), the other is bearish market to do short (seller). Whether long or short, the order to buy and sell is called "open position".

Close: buy and then sell or sell and then buy, the settlement of the original made a new single.

Short: Believe that the price will rise and buy futures contracts called "short" or "long", also known as long trades.

Short selling: bearish prices and sell futures contracts called "short selling" or "short", also known as short trades.

Stop Loss: Closing a position and recognizing the loss.

Stop-Win: A pullback of a winning position to a certain price level and then closing the position to secure a profit.

Opening price: the first transaction of the day or the success of the pooled bidding price.

Closing price: the last transaction of the day or the average price of multiple transactions.

The highest plate price: the day's highest transaction price.

Lowest price: the day's lowest price.

Trend: market prices over a period of time in the same direction of movement, that is, the trend.

Consolidation: market prices fluctuate within a limited range.

Pressure point, pressure line: price in the process of rising, encountered a high point (or line) to stop rising or fall back, this point (or line) known as the pressure point (or line).

Support point, support line: price in the process of falling, encounter a low point (or line) to stop falling or rebound, this point (or line) is called the support point (or line).

Breakthrough: the price of gold rushed through the rising trend line or other key technical and psychological points

Breakdown: the price fell below the downtrend line or other key technical and psychological points.

Overbought: refers to the assumption that the market capacity is unchanged, the market price continued to rise to a certain height, the buyer's power is basically exhausted, the price is about to fall.

Oversold: The assumption that the market capacity remains unchanged, the market price continues to fall to a certain low point, the seller's power is basically exhausted, the price is about to rise.

Interest: An order that remains open until the next day's settlement time will incur overnight interest.

Volume: Volume refers to a time unit of a transaction on the number of transactions, usually refers to the "daily volume. Spread The difference between the bid and ask prices. The spread is a transaction fee payable by the client and is a source of revenue for the firm.