This YouTube video by Whyze gives a simple explanation of long and short trades in the stock market. This can also be applied to foreign currencies (“forex”) and cryptocurrencies. Usually, it’s a good idea to “long” a trade in hopes that the asset grows in value. “Shorting” an asset is making money when it declines, and is more complicated and risky. Trading in general is a very risky way to make money, so it’s wiser just to put a little money in your assets at a time, and watch your investment grow steadily. The saying goes, “Time in the market beats timing the market.”
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I'm Nate Houstman
I'm a blogger, podcaster, and web design and business consultant. Economic freedom is my mission, so I talk about money, entrepreneurship, and I expose the corruption in the financial system.
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