Definition of Position
An open trade in the market. A "long position" means you bought the pair; a "short position" means you sold it.
At a glance
Term
Position
URL slug
position
Category
General
Short answer
An open trade in the market.
Deep dives
Full A–Z glossary
Example
Apply the definition: restate “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 “Position” as loose slang while your broker/platform specification defines it more narrowly.
Professional tip
Tip: bookmark this “Position” page and reopen it when reading broker specs so definitions stay consistent.
Practice tools:
Related terms
FAQ
An open trade in the market.
Knowing the precise definition of “Position” prevents platform and broker-spec mistakes—a common source of size and cost errors.
Common mistake: using “Position” as loose slang while your broker/platform specification defines it more narrowly.