// TRADING TERMINOLOGY
What is Long Position?
Buying an asset with the expectation that its value will increase.
In-Depth Explanation
When you "go long," you profit if the price rises and lose if the price falls. In spread betting, this is known as "buying" the market.
Practical Example
"A trader goes long on GBP/USD at 1.2500, hoping to sell it later at 1.2600."
Related Terms
Master the language of risk
Knowing the terms is just the start. Learning how to apply them is where the edge is found.
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