What is a “Long” position in stocks and shares and what’s the difference between buying a long position and just buying a normal stock? Is it the opposite of a “short” position?

Question

I’m seeing alot of “3x long graniteshares” on trading 212 and not sure what it is. I know when you buy a “short” position you’re banking on the price declining. Is a “long” position the opposite? Thanks!

In: 1

Answer 1

A long position is buying a stock with the expectation that it will go up in value. A short position, is a bit more complicated. But it’s a series of moves that an investor makes, when they expect a stock to go down.