Glossary/ Market mechanics
Market mechanics
Long
A position that profits if the price rises. Also used as a verb.
Where this comes up
Lessons that use the term in context, which is usually more useful than the definition on its own.
- One candle holds four numbers — Open, high, low, close — and why the wick does more work than the body.
- Volume behind the move — Participation, read underneath price.
- Range compression — What narrowing ranges say, and what they do not say.
- The failed breakout — Closes, not wicks — and the difference between a poke and a break.
Nearby terms
Margin · Mark to market · Short · Ask · Bid · Bid-ask spread