"A position is the term used to describe an ongoing exchange. A long position means that a trader has bought currency expecting the value to rise. A short position means a trader who sells a currency that expects a decrease and expects to buy it back at a lower value. I'm a short-term trader.
Forex trading involves trading currencies and speculating on currency price fluctuations over a given period of time. Traders buy or sell one currency against another. As a trader, you will gain from changes in exchange rates between a currency pair. I'm a Forex trader. And in the Forex market my broker TP Global FX provides me with major, minor and exotic currency pairs from 0.4 pips, over 50 currencies, the industry's favorite mt4 platform etc.
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