A trading strategy where an investor buys an asset with the expectation that its price will rise, leading to a profit.
A long position, often referred to as 'going long,' is the most common type of investment strategy where an investor buys an asset with the expectation that its value will increase over time. The investor profits if the asset's price rises above their purchase price. This strategy is based on the belief in the asset's future appreciation and is the opposite of a short position. The risk associated with a long position is limited to the initial investment amount.