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buy and sell?

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A long position is a buy position, meaning that this position will be in profit if the currency rate goes up. A short position is a sell position, meaning that this position will be in profit if the currency rate goes down.

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In trading, "long" and "short" positions refer to the directional bets a trader takes on the price movement of a financial instrument, such as a currency pair in the forex market, a stock, or a commodity. These terms describe whether a trader expects the price to rise (long) or fall (short).

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Going long in Forex is like saying, "I think this currency will rise," so you buy now and hope to sell later at a higher price. Going short is like, "I think this currency will drop," so you sell first, aiming to buy back when it's cheaper. It's all about betting on whether a currency goes up or down.

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