Right now, I want to share the concepts of Long and Short so everyone can understand them well because they are fundamental to trading that must be clearly understood.

Simply put, a Long position means opening a buy order. It means we expect the price to go up. We buy now and wait for the price to rise, then sell to make a profit. Basically, buy low - sell high. For example, if we buy a stock at $350 and the price rises to $400, we can sell for a profit of $50 per share. That's straightforward.

Conversely, a Short position means opening a sell order. We expect the price to fall, so we sell first while the price is still high, then buy back when the price drops. Sell high - buy low, to profit from the price decline. For example, if we sell a stock at $350 and the price drops to $300, we can buy it back at this price for a profit of $50 per share.

The important thing is that Long can be used with all instruments, but Short cannot be used with all types. Some instruments do not allow profit from falling prices, such as some common stocks. However, tools like CFDs or derivatives contracts make it easier for us to place Short orders.

This is why these instruments are interesting because we don't have to wait only for a bullish market, but we can also profit from a bearish market. Use Long when prices go up, use Short when prices go down—this creates more opportunities.

But remember, both Long and Short carry risks. If the price moves in an unexpected direction, we could incur losses. Therefore, risk management and setting Stop Loss orders properly are essential before opening any position, whether Long or Short.