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Long
Basics
Qué significa
Buying an asset so you profit if its price goes up. You own it and want to sell it later at a higher price.
Ejemplo
You buy 100 shares of AAPL at $150. If the price rises to $160, your long position is worth $16,000 and you have a $1,000 unrealized profit.
Error común de principiantes
Beginners go long without a sell plan, then watch a winning position turn into a loss because they never decided at what price to take profit or cut the loss.