Trading Basics
Call
An option that gives the purchaser the right, but not the obligation, to buy a security at a certain price.
Other Trading Basics
ASX 200
A term used for the index of the top 200 shares on the Australian Securities Exchange, also AUS 200.
Balance
A summarised financial result of all funds deposited in, and withdrawn from the customer’s account, and of all closed positions in that account.
Controlled Risk Bet
A trade where the maximum downside is predefined, usually with a guaranteed stop-loss order.
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Learn the skills needed to trade the markets on our Trading for Beginners course.