// Definition
A long position is a trade that profits when price goes up.
Explained simply
Going long means buying an asset, or a contract on it, expecting to sell it later at a higher price.
In spot trading you can only profit from rising prices by going long. In futures you can go long or short.
Tip
Look for long setups in uptrends and at support, not in the middle of a downtrend.
For education only, not financial advice. Trading is risky and you can lose money.