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One of the characteristics of forex trading is the ability to take both long and short positions. Taking a long position or going long is trader talk for placing a buy trade. On the other hand, taking a short position or going short means placing a sell trade. Unlike with stocks, you can sell currency pairs without ever having bought or borrowed them. This is because you’re only trading on the price movements of currencies and there is no ownership of the underlying asset. But why do forex traders go short? Find out in this video.