ACCOUNT COST BASIS
Account Cost Basis represents the total purchase price of all assets in the account.
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Long buying refers to the strategy of purchasing an asset with the expectation that its price will rise over time. In trading, traders take long positions in stocks, commodities, or currencies when they believe that the asset’s value will appreciate. Long buying is a common strategy in bullish markets, where traders seek to profit from upward price movements. This strategy is typically used for medium- to long-term investments, though it can also be applied to short-term speculation when trends are clear.