Going long is a term in investing that simply means that you want to buy a particular asset. The term is the opposite of going short, which is when you want to sell something.
When you’re bullish on an instrument, you want to go long in expectation of the price to appreciate and selling it at a higher price, thus making a profit.
For example, if you buy a stock, then you’re going long that particular stock because you expect the price to increase in the future and it’s said that you are long or have a long position. You’re going long also when you buy a derivative like a CFD, a futures contract or an option.
Related Terms
Related Articles
Related Articles
As the Fed chair testimony gets underway, a snapshot of the current market rates
As the Fed chair testimony gets underway, a snapshot of the current market rates
US stocks are trading little changed ahead of the FOMC rate decision
US stocks are trading little changed ahead of the FOMC rate decision
Why the market is so confident the Fed will skip hiking rates in June despite the CPI risk
Why the market is so confident the Fed will skip hiking rates in June despite the CPI risk
How to Make Money on Sweet Drinks: Coca-Cola Stock Forecast
How to Make Money on Sweet Drinks: Coca-Cola Stock Forecast
US federal budget surplus $176 billion versus $235 billion expected
US federal budget surplus $176 billion versus $235 billion expected
Related Terms