Trading Glossary

Glossary trade refers to a type of trading strategy where traders use a predefined set of terms, definitions, or concepts to make informed decisions. It often involves industry-specific jargon, financial metrics, and analytical tools to navigate markets effectively.

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Paper trading

A simulated trading environment that allows traders to practice strategies without using real money.

Pending order

An instruction to buy or sell an asset at a predefined price level in the future.

Pip

The smallest standard unit used to measure price changes in a currency pair.

Pipette

A fractional pip that allows currency prices to be quoted with greater precision.

Pivot point

A technical indicator used to identify potential support and resistance levels based on prior price data.

Portfolio

A collection of investments held by a trader or investor.

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