Trading Basics
Closing Trade
A trade to close a position. Most trading requires the trader to place the opposite trade to that done when opening their position.
This will crystallise the profit or loss.
Other Trading Basics
What is a Central Bank
A central bank or monetary authority is a monopolised and often nationalised institution given privileged control over the production and distribution of money and credit.
Blue Chip
Well established, big companies.
A blue chip is an expensive chip on the poker table
Close A Position
When a trader places a trade to reduce their position to zero.
They are closing their position.
Start learning now
Learn the skills needed to trade the markets on our Trading for Beginners course.