Interactive Market Course.
CFD Trading Methods
'Long' position (Buy)That is the name of the trade in which you buy an asset (click the Buy button on the trading platform). In order to make a profit, the asset price must increase.
The position is called “long” because it is recommended to open it for a long period of time (month or two). But, of course, most traders prefer to close all their trades during the day: it depends on the overall strategy you choose to follow.