Buy position

A Buy position is a position you open with the aim of making a profit if an asset’s price rises.

Approved short definition: A position intended to make a profit when an asset’s price rises. Example: When a Buy position is marked as a CFD, you do not own the underlying asset. Do not use: Do not assume that every Buy position involves ownership of the underlying asset. Aliases / search terms: Long position; going long; Buy trade; long trade; BUY; buy order; purchase position Related terms: Short position; Position; Trade direction; CFD; Stock ownership; Asset; Close position; Leverage; Exposure; Order Ticket