When trading on Bybit, there are two main positions: long and short. Long positions are bets that the price of the asset will go up, while short positions are bets that the price will go down. Both positions can be opened and closed at any time, but the difference between the two is the amount of time that they remain open. Long positions remain open until the price goes up, while short positions remain open until the price goes down.
I am new to trading on Bybit, and I would like to know more about the differences between long and short positions. What are the advantages and disadvantages of each? What are the risks associated with each position? Is there anything else I should know about long and short positions before I start trading? Any advice from experienced traders would be greatly appreciated.
I am new to trading on Bybit, and I would like to know more about the differences between long and short positions. What are the advantages and disadvantages of each? What are the risks associated with each position? Is there anything else I should know about long and short positions before I start trading? Any advice from experienced traders would be greatly appreciated.