Trader's Glossary

Take Profit (TP)

An order to close an open position once it becomes profitable after price reaches a predetermined level.
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.