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What is the difference between opening a long and a short position on the Futures Exchange?

When trading on the Nexo Pro Futures Exchange, you will have the option to choose between opening either a long or a short position. 

Opening a long position means that you expect the price of the selected futures contract to rise. You will profit from the trade if your prediction is correct and the price continues to increase.

Going short, on the other hand, means trading a futures contract with the anticipation of a price decline in the short term. In this case, when the price of the underlying asset decreases, you will profit from the trade.

 

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