Welcome to our Trading-Made-Simple video series, where you can learn a little more about the trading world in less than 5 minutes.
In forex trading, going “long” or “short” means deciding whether a currency is expected to go up or down in value. A long position refers to buying a currency pair, expecting its value to increase. A short position is selling a currency pair, expecting its value to decrease.
In this video, we will be covering:
0:00 What are Short and Long Positions?
1:07 Example of Short Position
1:45 Example of Short Position
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Trading involves risk. Past performance is not indicative of future results. Trade with caution.