Long (long position)
Updated 2026-09-20
Definition
A position opened by buying, to profit if price rises.
Why it matters
In forex buying a pair means buying the base currency and selling the quote currency. The risk is that price falls: limit it with a stop loss.
Practical example
You buy EUR/USD at 1.1000 and close at 1.1050: +50 pips.
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Educational content, not financial advice. Trading involves risk.