What Is the Difference Between a Long Position and a Short Position?
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A long position in forex is buying a currency, expecting its value to rise, while a short position is selling it, expecting a drop. Traders profit from currency movements by analyzing trends and managing risks like leverage and spreads.
Define long and short positions and provide examples of when traders might use each.
A long position is buying something to sell later at a higher price, while a short position is selling something you don't own, hoping to buy it back later at a lower price.
Define long and short positions and provide examples of when traders might use each.