Trader's Glossary

Limit Order

A type of trading order to buy or sell that is executed automatically once the pre-specified price is reached.
Did you know?

U.S. President Richard Nixon is credited with enabling a free-floating currency system after ending the Bretton Woods Accord.

Word of the day
"Open Position" - A trade that has still not been settled.
Pro Tip

Try to stay away from bucket shops.