回补：中英文双语解读

中文版

“回补”是一个在金融市场中常见的术语，尤其是在股票、期货和外汇等交易市场中。它指的是在某一价格水平卖出的投资者，在价格下降到一定程度后，再以更低的价格买入该资产的行为，目的是为了减少亏损或锁定盈利。简单来说，回补是一个减少风险、调整投资策略的过程。

回补策略的运用通常基于投资者对市场走势的预判和个人的风险偏好。当投资者预测市场价格将反弹或回升时，他们可能会选择在价格较低时回补之前的卖出仓位，以期望在价格上涨时获得收益。相反，如果投资者认为市场将继续下跌，他们可能会选择继续持有空仓，等待更好的回补时机。

值得注意的是，回补并非总是成功的。市场走势的不确定性使得投资者在回补时可能面临价格继续下跌的风险。因此，投资者在决定回补时，需要综合考虑市场趋势、个人风险承受能力和资金管理等因素，以做出明智的决策。

英文版

Covering: A Comparative Reading in Chinese and English

"Covering" is a common term in financial markets, especially in stock, futures, and forex trading. It refers to the action of investors who sell at a certain price level and later buy back the asset at a lower price to reduce losses or lock in profits. In simple terms, covering is a process of mitigating risk and adjusting investment strategies.

The application of covering strategies is often based on investors' predictions of market trends and their personal risk appetites. When investors anticipate a rebound or rise in market prices, they may choose to cover their previous sell positions at lower prices, hoping to gain profits when prices increase. Conversely, if investors believe the market will continue to decline, they may choose to hold their short positions and wait for better covering opportunities.

It's worth noting that covering is not always successful. The uncertainty of market movements can expose investors to the risk of prices continuing to fall when covering. Therefore, when deciding to cover, investors need to comprehensively consider market trends, personal risk tolerance, and money management to make informed decisions.