By going long, a trader buys a futures contract with the expectation that it will rise in value in the future. Conversely, a trader sells a futures contract to go short, to bet on prices to decline in the future.
By going long, a trader buys a futures contract with the expectation that it will rise in value in the future. Conversely, a trader sells a futures contract to go short, to bet on prices to decline in the future.