Going Long
Tue, Apr 15“Going long” is a widely used term in trading that signifies purchasing a security with the anticipation that its price will increase in the future.
Traders or investors “go long” when they are confident that market conditions are or will become favorable, resulting in a rise in the security's price.
For instance, in the realm of forex trading, if a trader believes that the euro's value will appreciate against the U.S. Dollar, they might “go long” on the EUR/USD currency pair.
This indicates that they are buying euros and selling U.S. Dollars, expecting to sell the euros later at a higher price.
It is important to note that the opposite of “going long” is “going short” or shorting a security.
This strategy involves selling a security with the expectation that its price will fall in the future, enabling the trader to repurchase it at a lower price for a profit.
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G5
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G7
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G77
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