Long Position

Trading Basics

Long Position

When a trader is betting the price will rise, they will take a long position.

Other Trading Basics

Balance

A summarised financial result of all funds deposited in, and withdrawn from the customer’s account, and of all closed positions in that account.

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Ask Price

The ask price is the level at which a seller is willing to accept a bid on a security.

The ask price is always higher than the bid price.

Also known as the offer price.

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