Going long means buying an asset with the expectation that its price will rise. It’s a fundamental strategy used in all types of trading – from Stocks and Forex to Commodities and Cryptocurrencies. When you go long, you profit by selling the asset at a higher price than you bought it. This strategy reflects a bullish market view and is often supported by technical or fundamental analysis. Long positions can be held for seconds or years, depending on the trader’s style. While straightforward, going long still requires careful planning, especially regarding entry points, stop-loss levels, and market conditions.
Example:
An investor purchases Shares anticipating future price appreciation.