Long position
A long position is a position opened by buying. MetaTrader 5 describes it as a purchase made in the expectation that the price will rise.
Explanation
The platform's help defines a position as the number of bought or sold contracts. A long position is the bought side. Take profit on a long is set above the Bid and checked on the Bid. Stop loss on a long is set below the Bid and checked on the Bid. Nothing on this page suggests that a long position is safer than a short one. Both can lose money, and a retail CFD can be closed by the firm when the margin rule says so.
This page explains published terms for education and reference. It is not financial, investment, tax, or trading advice, and it does not recommend a firm, product, or strategy.
Related terms
Sources and last check
Last checked . Rules, prices, and product names change. Read the source.