In trading, you can profit whether the market goes up or down—depending on the type of position you take. The two most common trade types are long (buy) and short (sell) positions.
A long position is opened when you believe the price of an asset will rise. In this case, you buy at the ask price and close the trade by selling at the bid price.
You make a profit if the bid price at closing is higher than the price you originally paid.
Example: You buy EUR/USD at 1.1000 and close the position at 1.1050 → you earn the difference.
A short position is opened when you expect the price to drop. You sell at the bid price and later buy back at the ask price to close the trade.
You profit if the ask price at closing is lower than your initial selling price.
Example: You sell GBP/USD at 1.3000 and close at 1.2900 → you gain the price difference.
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ETX Services Ltd is not the Licensed Entity in the EU but only acts as the Service entity for Equitex Capital Ltd.
Risk Disclaimer:
Over-the-counter derivatives are complex instruments and come with a high risk of losing your initial capital rapidly due to leverage. You should consider whether you understand how over-the-counter derivatives work and whether you can afford to take the high level of risk to your capital. Investing in over-the-counter derivatives carries significant risks and is not suitable for all investors.
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For complaints please email us at compliance@bullwaves.com