What is Buy?
Buying means placing an order to acquire an asset, like a share or a contract. When the order fills, you own the position and your account holds that asset instead of cash. People often say going long when they buy expecting the price to rise over time, but a buy by itself is just the act of acquiring.
Why Buy matters
It is one half of every trade; nothing happens until someone buys what someone else sells.
Related terms
Lessons that use this term
Continue