Definition of Going Long
Opening a buy position, expecting the price to rise. If you go long EUR/USD, you are buying euros and selling dollars.
At a glance
Term
Going Long
URL slug
going-long
Category
General
Short answer
Opening a buy position, expecting the price to rise.
Deep dives
Full A–Z glossary
Example
Apply the definition: restate “Going Long” in one sentence tied to your next trade (symbol, direction, size, stop). If you cannot, re-read the definition above.
Common mistake
Common mistake: using “Going Long” as loose slang while your broker/platform specification defines it more narrowly.
Professional tip
Tip: bookmark this “Going Long” page and reopen it when reading broker specs so definitions stay consistent.
Practice tools:
Related terms
FAQ
Opening a buy position, expecting the price to rise.
Knowing the precise definition of “Going Long” prevents platform and broker-spec mistakes—a common source of size and cost errors.
Common mistake: using “Going Long” as loose slang while your broker/platform specification defines it more narrowly.