Trader's Glossary

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.
Did you know?

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.
Pro Tip

Try to stay away from bucket shops.

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