GLOSSARY
Trading Terminology
Master the terms. Master the game.
Bull Market
A market with sustained rising prices.
Bear Market
A market with sustained falling prices.
Lot Size
The standard unit size of a trade.
Pip
The smallest price movement in a currency pair.
Leverage
Borrowed funds used to increase your trading position.
Margin
The funds required to open and maintain a leveraged position.
Support
A price level where buying pressure historically appears.
Resistance
A price level where selling pressure historically appears.
Trend
The general direction of price over time.
Breakout
When price moves beyond a key support or resistance level.
Pullback
A short-term move against the prevailing trend.
Candlestick
A chart element showing open, high, low and close prices for a period.
Take Profit
An order to close a trade at a specific profit level.
Stop Loss
An order to close a trade at a specific loss level.
Risk Reward Ratio
Potential loss compared to potential profit on a trade.
Market Structure
The pattern of highs and lows that defines a market's trend.
Liquidity
How easily an asset can be bought or sold without moving price.
Volatility
The size and speed of price movement.
Spread
The difference between the bid price and the ask price.
Broker
The firm that gives you access to financial markets.
TradingView
A popular charting platform used for technical analysis.