Showing results for 'B'

BACK TESTING

This is when a client tests a trading strategy using the historical data of the charts.

BALANCE

The amount of money a trader has in his account.

BASE CURRENCY

The base currency is the first currency of a pair being quoted. For Example, when trading EUR/USD the base currency is the EUR.

BEAR MARKET

Defines a market where the price is falling.

BID

The price at which a trader enters a short position or closes a long position.

BROKER

Serves as a middleman in the market, bringing sellers and buyers together, earning a commission in the process.

BULL MARKET

Defines a market that is rising.

BUY LIMIT

A type of order used to enter a long position at a price below the current market price. A buy limit is triggered if the market moves down and the ask price hits the set price of the order.

BUY STOP

A type of order used to enter a long position at a price above the current market price. The buy stop is triggered if the market moves up and the ask price hits the set price of the order.