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Position

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Thomas
Thomas
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Financial Expert
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Financial Expert

Financal Expert in Arongroups.

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A position refers to an open trade in the Forex market. A trader may have a long (buy) or short (sell) position. An open trade is called an “open position,” and a recently closed trade is a “closed position.” Every position that is opened will eventually be closed, and the trader will exit it. Therefore, we can only assess whether a position is profitable or losing once it has been closed.

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calendar July 25, 2024
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