TRADING GLOSSARY
Long position
Going long means buying an instrument in the expectation that its price will rise.
EXAMPLE
Buying 1 lot of XAUUSD at 4,100 and selling at 4,110 makes $1,000 before costs.
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RELATED TERMS
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Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Glossary definitions are general education only and are not investment advice. Risk disclosure