Glossary Of Trading

Take Profit Order (TP)

An order that enables the trader to close a position at a specified level when the trader believes a successful position is at its maximum profit level.

Technical analysis

A technique of forecasting the direction of prices by studying past market behaviour using primarily price movement and volume as represented on a chart.


An asset’s minimal unit of measurement and price change.

Trade Balance

The difference in value between a country’s imports and exports. If a country exports more than it imports, the balance will indicate a surplus; if exports are less than imports, the country will have a trade deficit. Trade balance may be influenced by the cost of production and materials, taxes and trade barriers.


A merchant who purchases and sells assets or services for profit. In financial markets, the trader buys and sells financial instruments. Unlike investors, who usually invest in more stable assets for longer-term positions, traders will usually invest in more volatile assets and for shorter-term positions.

Trading hours

The hours during which an exchange is open and – consequentially – during which assets particular to that exchange are tradeable.

Trading Platform

Software used for trading online. Can be desktop or mobile.


Any exchange of assets.

Trend (Trend-line)

The direction of an asset’s evolution in value over time. A trend line is usually generated by connecting the highs or lows of subsequent periods.


The amount of money received by a company over a period, or the rate at which employees are replaced in a company. In financial trading, the trading volume of an individual trader.