Position

Position is the net total (both buy and sell side) of a given product. It could be the position of stocks, bonds, currency, futures, options, etc.

The position is divided into two types:

1. Net Long (Buy) is the total net buy. This means that there is a higher volume of holding on the Buy side than the Sell side.
2. Net Short (Sell) is the total net sell. This means that there is a higher volume of holding on the Sell side than the Buy side.

In forex trading, positions refer to opening, closing and holding trades.

For example, Mr. Roll opens a buy order, this is called a buy position, while Mr. B opens a sell order, this is called a sell position.