TRADING
TERMINOLOGY
The basic terms of trading
Ask - the sales rate for the basic product.

Bear - a trader who puts on a decline.

Bid - the purchase rate of the basic product.

Broker - an intermediary on the exchange that provides services for interest.

Bull - a trader who bets on growth.

Buy - purchase.

Chart - a trader's chart showing the price fluctuation, closing time, and entry time of a trade.

Currency - funds in circulation.

Day trading - making transactions within a business day.

Deposit - funds on the trader's account.

Diversification - a working risk management strategy by dividing investments into different packages.

Financial instrument - assets: futures, commodities, and securities of currency value.

Flag - figure on the chart for technical analysis.

Flat - neutral position between buyers and sellers.

Forecast - trend forecasting using technical analysis and market conditions.

Fundamental analysis - price analysis based on the economic situation and news policy.

Futures - contracts for the purchase, sale and exchange of products (bonds, currencies, goods) with a fixed price and date.

Indicator - economic and financial market data.

Interest - percentage for using credit funds.

Intraday - daily operations.

Last - the price of the executed transaction.

Limit - minimum or maximum in the price.

Limit order - the set purchase and sale value.

Long - the long position.

Loss - the loss of funds.

Margin - an insurance depot for covering possible losses that occur during currency trading.

Market order - an Executive order for purchase and sale at the best price at the moment.

Market price - the current price value.

Offer - currency exchange rate/invitation to make a deal.

Open position - a position in the market at the moment without a reverse transaction.

Order - the client's request to the broker (about buying and selling at a special or market price).

Pip(s), point - a point that measures the price difference in the market.

Profit - the trader's income from the transaction.

Range - the maximum or minimum price level for a specific period.

Resistance - the resistance level at which the price can reverse.

Sell - sale of securities;

Short - transaction for making a sale;

Spot - conditions with immediate payment for the transaction;

Stock exchange - stock exchanges;

Stop-loss - execution of closing a trade when a certain level is reached, which prevents losses.

Stop-order - closing a trade at the current price in order to limit losses.

Spread - price volatility in the purchase and sale.

Support - the support level where the trend can reverse and move down.

Technical analysis - technical analysis based on the state of the market in previous periods.

Trade - trading of valuable assets.

Trader - a participant in the purchase and sale of transactions for personal gain.

Trading - purchase and sale operations.

Transaction - opening or closing a position.

Trend - price movement over a certain time period.

Uptrend - the price movement up.

Volatility - a measure of price change.

Volume - the number of transactions for a given period of time.

Learning trading terminology is just one of the main steps to understanding the specifics of this field, which requires further training.

START TO TRADE WITH MG!