Long/Short Position
At Trader’s Way, Prime Online Forex and CFD broker, we provide our clients with some of the very latest in software, from trading tools, advanced charting options to state of the art trading platforms. In addition, traders can use customized scripts, on our platform – from EAs to customized technical indicators. As part of our ongoing edu series, here’s a brief recap on long and short positions. Traders can go long or short on currency pairs, essentially they are either buying or going “long” on one currency while simultaneously selling or going “short” on the other.
Example: When Sam buys EURUSD, Sam is going long for EUR and going short for USD.
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