Trader's Glossary

Paper Profit

The profit on a trade while the position is still open. Paper Profit is also referred to as Unrealised Profit.
Did you know?

Many consider the year 1880 A.D. to mark the beginning of modern foreign exchange. The reason for this is that it was during this year that the gold standard was first introduced.

Word of the day
"Tick" - The difference between the current market price and the last-quoted market price.
Pro Tip

Try to stay away from bucket shops.