What is Buy Order, Open Long vs Sell Order, Open Short

BiKi Perpetual Contracts - What is Buy Order Open Short
BiKi Perpetual Contracts – What is Buy Order Open Short

In simplified explanation: An open long position means the trader thinks, or hopes, that the current price of the market will rise and wants to take a long position to profit from the market movement.

What is a Sell Order / Open Short?

In simplified explanation: A open short position means the trader thinks, or hopes, that the current price of the market will fall and wants to take a short position to profit from the market movement.

 This is directly opposite of a buyer order.

 

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