What does 'going long' mean in forex trading?
A) Selling a currency pair
B) Buying a currency pair with the expectation that it will increase in value
C) Holding a currency pair without trading
D) Closing a position at a loss
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What does 'going long' mean in forex trading?
A) Selling a currency pair
B) Buying a currency pair with the expectation that it will increase in value
C) Holding a currency pair without trading
D) Closing a position at a loss
B
B) Buying a currency pair with the expectation that it will increase in value.