What does it mean to go long?

 

Video Transcription

Hi. Casey Jensen here, OptionsANIMAL. Perhaps you're new to the stock market or new to investing, and you've heard people say things like, "I'm going long
on a position", and you wonder, "I don't know what that means just yet." We've been in your shoes. Everyone starts somewhere.

What does it mean to go long? There's a lot of different things you can do. You can buy a stock, you can buy a currency, you can buy a commodity, or you
can even buy an option. That's just means you're going long. When you buy, you're going long.

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