Decide What Position to Open
While starting a trade each client is interested in the way of opening a position. In order to comprehend the essence of position and make a right decision, now try to consider the features of each position.
First of all you should decide whether you want to buy or sell. If you intend to buy, i.e. buy the base currency and sell the quote currency, you thereby want the base currency to rise in value in order to sell it back at a higher price.
In this case you open a so called “long position”. As to make it much simpler for you remember that “long= buy”...
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