Anonymous
What do people mean when they say “position”?
Is that an actual investment term?
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Jason Sing
30 Nov 2018
School Of Hard Knocks And Life at School Of Hard Knocks And Life
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Hariz Arthur Maloy
27 Oct 2018
Independent Financial Advisor at Promiseland Independent
Yes, it means point of entry or current holdings.
I'm closing my positions means I'm selling my stocks or fund.
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Position is the state of longing or shorting a security etc. One has a long position when one buys into a CFD, hoping the underlying stock to rise and one has a short position when one sells a CFD, hoping the underlying stock to fall.