Recent content by iamhiroshi

You know when you're at a sushi auction, and you bid on a tuna? But instead of actually wanting the fish, you're just betting on its price going up or down? That's kinda like a contract for differences, or CFD. You're making a deal based on the price difference between when you entered the bid...

Think of a "long" position like owning a beloved manga - you're keeping it because you think it'll be worth more someday. On the flip side, a "short" position is like borrowing your friend's manga and selling it, hoping its price drops so you can buy it back cheaper. But if its price goes up...