In foreign exchange trading, a position is the amount of foreign exchange you hold. Generally speaking, you will use higher leverage in foreign exchange trading, that is, your account shows that you bought $65,438+0,000 and sold $69,654,38+0,000. Suppose you use 1 0,000 times leverage, you actually use only $65,438+0,000, which is 65,438. Foreign exchange transactions are usually small in scale, wide in scope and extremely risky.

Closing position and closing position have the same meaning, that is, you buy $65,438+0,000 and sell $69,654,38+0,000, and then you sell $65,438+0,000, but the amount of RMB you buy may change, because the market exchange rate changes, and this difference is your loss or profit. After these two transactions are completed, there will be no assets in your account, and the final result will become your profit or loss.