Trading Basics
Long
When a trader buys an asset they become long the asset and hope to profit from an increase in price.
Other Trading Basics
Black Box Trading
Also referred to as automatic or algorithmic trading.
The trader does not need to see the system in operation, in effect its a black box.
Asian Session
When the majority of Asian markets are open and trade.
Typically 23:00 to 08:00 GMT.
