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How to choose whether to buy or to sell?

Last Updated: Jan 01, 2020 07:04AM UTC
One of the great advantages 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). 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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