Go long

(redirected from Goes Long)

Go Long

To take a long position. That is, one goes long when one buys a security or derivative.

Go long.

When you go long, you buy a security or other financial product that you intend to hold for a period of time or one that you expect to increase in value so that you can sell it at a profit.

For example, if you're buying and selling options or futures contracts, you go long when you enter a contract to buy the underlying instrument. In the case of stock, you go long when you buy shares to hold in your portfolio, at least for the next term.

References in periodicals archive ?
If the game goes long, it has a 6-1 record in overtime, including a win over USC in 1996 (48-41).
The university rower won a silver medal at the Commonwealth Games for Northern Ireland and he goes long distance running with his guide dog Larry.
The ball flies fast off the face and goes long -- really long.
7 -- color) Kevan Hall goes long and tweedy for fall.
Madden NFL 2001 - The stalwart football franchise, already available on the PS1 and PC, goes long with the PS2.