What are LONG & SHORT Positions?

Long Margin Trade:

• If you think that an asset will rise in price, you can open a “long” trade position, meaning that you are betting that the asset will hit a higher price than at what it currently trades. If the market price meets your target price, then you will profit from the price increasing.

Short Margin Trade:

• If you think that an asset will drop in price, You can open a “short” margin trade, meaning that you are betting that the asset will hit a lower price than at what it currently trades. If the market price meets your target price, then you profit from the price decreasing.