| En Term | En Description |
|---|---|
| Slippage | is the situation on the currency market in which a broker closes an opened position at a less profitable price than stated in the order. It happens amid price spikes when the level of position closure is broken too fast |
| Stop loss | is a pending order to close the losing position when it reaches a certain price |
| Take profit | is a pending order to close the winning position when it reaches a certain price |
| Trailing stop | is a pending stop loss order automatically moved at a specified distance from the current price |
| Trend | is the current general direction of a price movement for a substantial period of time. There is an uptrend (bullish trend), downtrend (bearish trend), and non-trend (flat or sideways movement) |
| Usable margin | is a part of deposit not involved in trading which can be used to open new positions (orders). It is denoted as “Free” in the trading platform |
| Used margin | is the blocked part of the deposit, which is used to cover potential losses on open orders. In the trading platform it is displayed in the Margin field |
| Volatility | is instability, the measure of how much the market conditions, demand or prices change |