One Cancels the Other Order (OCO)
A combination of a stop order with a limit order to mitigate risk exposure, whereby the execution of one order triggers the automatic cancellation of the other.
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In terms of trading volume, the FX market is by far the largest market in the world.
Word of the day
"Golden Cross" - A chart pattern depicting an asset’s short-term moving average crossing its long-term moving average.
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