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what is the meaning of closed short ,opened long ,scaled out and scaled in?
user
opened long - is when you open a long position. long means that you buy to open the position, so you are trying to profit as the price rises. so if you were closing a long position you would sell it. closed short - is when you close out a short position. short means that you sell to open and buy back to close. with a short position you are trying to profit as the price falls. scaled out - means you get out of a position in increments as the price climbs (for long positions). scaled in - means you set a target price and then invest in increments as the stock falls below that price (for long positions).
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