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Go long or short.


Gee Dee

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The capacity to go long or short is my most loved part about the Forex market. Long essentially intends to purchase. When you're in a long exchange you're said to have a 'long position', which implies that you have purchased a security or for our situation a currency pair. In this sort of exchange we need the market to transcend the point where we went long (purchased). Short basically intends to offer. When you're in a short exchange you're said to have a 'short position', which implies you have sold a security or for our situation a currency pair.

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  • 4 weeks later...
1 hour ago, boltushkin said:

Markets go up by stairs and down by elevator. That's why I love to catch shorting opportunities, made a lot of money shorting BTC with Hotforex in its recent slump. 

Yes i guess bitcoin moves really that fast however be careful with your trades and good luck!

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Going long is a famous industry term for the act of purchasing. On the flipside, going short is a term investors and traders use to describe the act of selling.
 
Traders will go long if they believe the asset's price will rise. Alternatively, they go short when they expect that the price will fall.
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  • 5 months later...
On 7/28/2023 at 3:46 AM, radex78 said:

In forex trading, the term long and short is described order position of traders, when traders think the price will rise, hence they open long or buy, and if they think the price will fall hence will open short or sell. 

When we are doing our trades we will need to make use of the proper trading based controls.

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Every trader has their own unique trading model while some are shorting and at the same time others are taking long, both parties think they are smart and mostly both of them makes money on their calls. Some however make losses as well and this is the forex trading business, money from un experienced traders flow towards the experienced and patience traders.  

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