First of all, let's understand the concept of position. Positions mainly refer to the amount of funds currently owned or lent by investors. Functionally speaking, the position is the agreement of the market and the initial part of the contract between investors and the market. Investors who buy are generally called bulls, and investors who sell are called bears. The main hope of the bulls is that the exchange rate will rise, while the bears expect the price to fall.

What's the difference between an overnight position and today's position? In fact, from these two terms, it is easy to distinguish between overnight positions and today's positions. Today's position is the position established by investors on this trading day, and this position must be closed on this trading day. Overnight position refers to the position that has not been closed in this transaction. To a certain extent, overnight positions are more than today's positions.

How to make rational use of one's position to gain profits? Under normal circumstances, the management of positions is mainly to control the risk of their own transactions through the management of positions. The opening of positions is mainly based on the amount of funds used by investors for investment. Generally speaking, it is best to control the amount of funds in positions at 5% to 10% of the total funds.

If the total amount of funds in an investor's account is lower than the amount of the deposit he should pay, the foreign exchange dealer will inform him, thus greatly reducing the investment risk of the investor. Then the investor's current position will be forced to close the position.