Trading Basics
Trading Basics
11 articles
Trading basics
What is a CFD?What a CFD is and how trading on price movements without owning the asset works.
What are spread, pip, and lot?Spread, pip and lot explained, with a simple EUR/USD example.
What does going long vs short mean?What going long (Buy) and short (Sell) means and how you profit in each direction.
What is slippage and why does it happen?What slippage is, why it happens, and how order types affect it.
How is my profit or loss calculated?How profit and loss (PnL) is calculated on a CFD, with a worked example.
How can I manage risk when trading?Practical risk-management essentials: position sizing, Stop Loss, Take Profit, leverage and margin.
What are swaps and when are they charged?What a swap (overnight financing) is, when it's charged, how long/short and positive/negative work, and where to check swap rates.
Available assets
Types of personal trading accounts
Managing trading accounts