Definition of Long Position
A trade opened by buying a currency pair, expecting the price to rise. You profit from a long position when the market moves up from your entry price.
At a glance
Term
Long Position
URL slug
long-position
Category
General
Short answer
A trade opened by buying a currency pair, expecting the price to rise.
Deep dives
Full A–Z glossary
Example
Apply the definition: restate “Long Position” 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 “Long Position” as loose slang while your broker/platform specification defines it more narrowly.
Professional tip
Tip: bookmark this “Long Position” page and reopen it when reading broker specs so definitions stay consistent.
Practice tools:
Related terms
FAQ
A trade opened by buying a currency pair, expecting the price to rise.
Knowing the precise definition of “Long Position” prevents platform and broker-spec mistakes—a common source of size and cost errors.
Common mistake: using “Long Position” as loose slang while your broker/platform specification defines it more narrowly.