goes long
Seeks distant catch
Goes long describes taking a position in financial markets where an investor buys an asset expecting its price to rise, allowing them to profit by selling later at a higher price.
This contrasts with going short, where one bets on a price decline.
The phrase also appears in American football, where a receiver goes long by running deep downfield to catch a pass.
The quarterback told him to go long on the next play.
- buyingObtaining through payment
- bullishExpecting market gains
- bull marketPeriod of rising prices
- holdingMaintaining physical possession
- goMove from here
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