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How to choose whether to buy or to sell?

Last Updated: Oct 27, 2016 07:05AM UTC
One of the greatest advantage of Forex and CFDs Trading is that you can benefit from any change in price, provided you choose the right direction. If you think the value of the instrument will go up, open a ‘Buy’ position now and ‘Sell’ it later at a higher price, when closing your position (this is called a ‘Long’ position). On the other hand, if you think the value of the instrument will go down, open a ‘Sell’ position now and ‘Buy’ it later at a lower price when closing your position (this is called a ‘Short’ position).

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