Trading terms,
explained properly.

Use a market order when getting in or out now matters more than the exact price. In fast markets the fill price can differ slightly from the last quote (see slippage).

A buy limit sits below the current price; a sell limit sits above it. The order only fills if the market trades to your price, so it may never fill.

A stop to sell sits below the market and is often used as a stop-loss; a stop to buy sits above and can catch a breakout.

Attaching a take profit means you don’t have to watch the screen to secure a planned exit.

A stop loss is the single most important risk tool for most traders, it defines your risk before you enter.

As the price advances, the trailing stop follows at a set distance; it doesn’t move back if the price reverses.

A tighter spread means a lower cost to enter and exit. Spreads are typical minimums and can widen in volatile or thin markets.

Raw-style accounts pair very tight spreads with a small commission; all-in accounts fold the cost into the spread and charge no commission.

Swaps depend on the instrument and direction and can be positive or negative. A swap-free option is available on some accounts and instruments.

‘Pip’ stands for ‘point in percentage’. For JPY pairs a pip is the second decimal place. A pipette is a tenth of a pip.

Pip value lets you translate a price move into profit or loss, and size a position to the risk you want.

Leverage is expressed as a ratio, like 1:100. Higher leverage means a smaller move can have a larger effect on your account, in both directions, so it should be used with care.

Margin isn’t a fee, it’s collateral held while the trade is open, and returned when you close it.

Equity is the number that matters while trades are live, margin levels are measured against equity, not balance.

When free margin runs low, you can’t open new trades and you move closer to a margin call.

It’s a prompt to add funds or reduce exposure before positions are closed automatically at the stop-out level.

Stop-out protects you and the broker from a runaway loss; negative balance protection backs it up.

NDD aims to reduce conflicts of interest and give transparent pricing. Bharat Sky uses non-dealing-desk execution across all instruments.

Slippage can be positive or negative and is most likely around news or in thin liquidity. Stop orders are especially exposed to it.

Lot size, together with pip value, determines how much each price move is worth. Smaller lots let you manage risk more finely.

EAs remove emotion and can run around the clock, but they follow their rules exactly, good and bad, so they need testing.

Non-dealing-desk execution reduces requotes by filling at the available market price rather than re-offering.

Even in a sharp, gapping move, your balance won’t go below zero, an important protection on leveraged products.

Drawdown is a key gauge of risk and consistency; smaller, controlled drawdowns are usually a sign of good risk management.

Thinking in risk-to-reward helps you stay profitable even without winning every trade, if your winners outweigh your losers.

Higher volatility means larger, faster moves, more opportunity, but more risk. Spreads can widen when volatility spikes.

Hedging can protect against adverse moves but also caps potential gains, and may carry extra costs.

Neither is better, they suit different temperaments, timeframes and costs. Scalpers care most about spreads and speed.

CFDs let you go long or short and use leverage across forex, indices, metals, energies and shares, without owning the asset itself.

You always buy at the ask and sell at the bid. The bid is lower, the ask is higher.

CFDs let you go short as easily as long, so you can seek opportunities in falling markets too.

When you buy EURUSD you buy euros and sell dollars; the quote shows how many dollars one euro costs.

High liquidity usually means tighter spreads and better fills; low liquidity can mean wider spreads and more slippage.

The terms describe the broad trend and the mood behind it, optimism versus pessimism.