buy and sell?
Welcome!
This community is for professionals and enthusiasts of our products and services.
Share and discuss the best content and new marketing ideas, build your professional profile and become a better marketer together.
This question has been flagged
3
Replies
232
Views
A long position is a buy position, meaning that this position will be in profit if the currency rate goes up. A short position is a sell position, meaning that this position will be in profit if the currency rate goes down.
In trading, "long" and "short" positions refer to the directional bets a trader takes on the price movement of a financial instrument, such as a currency pair in the forex market, a stock, or a commodity. These terms describe whether a trader expects the price to rise (long) or fall (short).
Going long in Forex is like saying, "I think this currency will rise," so you buy now and hope to sell later at a higher price. Going short is like, "I think this currency will drop," so you sell first, aiming to buy back when it's cheaper. It's all about betting on whether a currency goes up or down.