Long has a specific significance concerning Forexmn’s platform. We specify in overall investing and explain exactly what this means for you personally when trading using Forexmn.
When found in trading, long describes a location which produces profit when an advantage ‘s selling price rises. Usually utilised in circumstance as ‘taking a long position’, ” or ‘going long’.
Going long would be the alternative of moving short or shorting, so able which creates a profit if a asset’s selling price drops.
Taking an extended standing doesn’t necessarily mean buying an asset. Derivatives like spread bets, CFDs and futures contracts all provide the facility for traders to take a long position on a market without actually buying the underlying asset.
When CFD trading, it means opening a derivatives trade that returns a profit if the underlying asset increases in price. On our deal tickets, this option is referred to as a ‘buy’.
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