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What are "long" (long) and "short" (short) positions?

by guest (4.9k points) in Forex Trading asked

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by anonymous (183k points) answered

A long position is a buy position, that is, a position that makes a profit when the price rises.

A short position is a sell position, that is, a position that makes a profit when the price decreases.

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What are "long" (long) and "short" (short) positions?

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