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Trading Terms

Open Position

An open position refers to a trade that has been initiated but has not yet been closed by an opposing trade. This can occur in various financial markets, such as stocks or currencies. It is important to monitor and manage open positions, as they can impact overall portfolio performance. Additionally, understanding open positions and their potential risks is crucial in making informed investment decisions. So, always keep a close eye on your open positions to stay on top of your financial game.
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