What does the term 'Long' indicate in trading?

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Multiple Choice

What does the term 'Long' indicate in trading?

Explanation:
Going long means you buy an asset with the expectation that its price will rise. This is a bullish move: you enter a long position to profit from an upward move by selling later at a higher price. It’s about the action of buying now to benefit from anincrease, rather than selling or taking a neutral stance. Time horizon can vary, but the core idea is to participate in an upward price trajectory. That’s why the description combining buying with an expectation of an upward move best reflects what going long signifies.

Going long means you buy an asset with the expectation that its price will rise. This is a bullish move: you enter a long position to profit from an upward move by selling later at a higher price. It’s about the action of buying now to benefit from anincrease, rather than selling or taking a neutral stance. Time horizon can vary, but the core idea is to participate in an upward price trajectory. That’s why the description combining buying with an expectation of an upward move best reflects what going long signifies.

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