What Is Long/Short/Closing a Position
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In contract trading, you can participate in market price fluctuations and profit from them by going long or short on a contract.
(1) If you choose "Long", it means you expect the price of the contract you purchased to rise in the future. Conversely, if you choose "Short", it means you sell the contract and predict its value will decline in the future.
(2) "Closing a Position" refers to investors clearing or reducing their positions, thereby ceasing to hold the contract.