Trading Basics
Close A Position
When a trader places a trade to reduce their position to zero.
They are closing their position.
Other Trading Basics
Blue Chip
Well established, big companies.
A blue chip is an expensive chip on the poker table
Asset Classes
Types of asset that have similar characteristics.
There are four broad classes: Equities, Foreign Exchange, Debt and Commodities.
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.
Start learning
Learn the skills needed to trade the markets on our Trading for Beginners course.
If you trade, we can save you time and money… 