Trader's Glossary

Stop Loss Order (SL)

An order to close an open trade so as to minimise losses in the event that the price moves in an unprofitable direction.
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.