Going Long means buying to profit from a rising price; going Short means selling borrowed units to profit from a falling price. Both aim to buy low and sell high.
How traders use it
- Longs profit when price rises, shorts when it falls.
- Shorting carries unique risks such as larger losses.
- Direction is chosen from your market outlook.
See it in dtcharts
See it all in action in the dtcharts terminal — practice risk-free with paper trading.