Market mechanics · Rookie
Long position
What does Long position mean?
A long position has positive directional exposure to the instrument’s price. It generally benefits when the price rises, before costs and other contract effects.
Example
Buying at 80 and selling at 83 produces a three-unit price gain.
Illustrative example; not a provider’s quoted offer.Why it matters for prop traders
The monetary outcome still depends on position size and the instrument’s multiplier.
Sources and further reading
The following primary sources support the terminology. Provider rules describe their own products and may change.