Transaction type
Trading types are divided into two directions: long positions (buy) and short positions (sell):
Buy long (bullish) means that you think that the current index is likely to rise, and you want to buy a certain number of certain contracts at the price you set or the current market price.
Sell short (bearish) means that you think that the current index is likely to fall, and you want to sell a certain number of new contracts at a price you set or the current market price.
Ordering method
Limited price order: you need to specify the price and quantity of the order placed
Market order: you only need to set the order quantity, the price is the current market price
Positions
When the order you submit for opening a position is completed, it is called a position
Contract delivery issues
The platform contract is a perpetual contract with no set delivery time. As long as the system does not meet the conditions for liquidation or you do not manually close the position, you can hold the position permanently.
System liquidation
1: The system will automatically close the position if the set value of Take Profit and Stop Loss is reached
2: The risk is too high, the system is forced to close the position
