Long position

A long position is when an investor purchases an asset with the expectation that the price of the asset will increase in value over time. This is typically done by buying an asset, such as a stock or a commodity, and holding onto it for an extended period of time in the hopes of realizing a profit. A long position is considered a bullish strategy, as it involves taking a positive view on the future prospects of the asset being purchased. Investors may take a long position for a variety of reasons, including a belief in the underlying fundamentals of the asset, a desire to diversify their portfolio, or simply as part of a broader investment strategy.