Going long

You may have read the definition of going short, and thinking that these two are related in some way.

So what is going long? Well it refers (in the world of securities) to the process of buying something now on the expectation of selling it for a profit later, though not necessarily with any set intention to sell it. However if you thought that something was going to decrease in value then you would go short, in the expectation you can buy later for a lower price.

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