Glossary - S

This glossary defines terms used throughout SMC Trader.  A version of this glossary is also accessible through the SMC Trader platform.

The definitions are broken down as simply as possible to ensure you have full understanding of how the SMC Trader works.

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Short Selling »

In Forex trading, going short is buying the price currency of the Forex currency pair.

For example, if you were going short on GBP/USD, you would be buying USD by selling GBP.

For equities, going short is selling a security without owning it as opposed to going long where you are taking ownership of the security by buying it.

A short position benefits from a decline in market prices.