Long versus Short in forex
The terms long and short simply refer to the position a trader has taken with a trade the trader has either bought or sold it.
The term long simply means that you have bought the currency; the term short means you have sold it. For example, if a trader decides to buy GBP/USD, it means she has gone long British pounds and short U.S. dollars because she has bought the GBP and sold the USD.
Categories:
Forex
0 comments:
Post a Comment