Closing Trade

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

Bid-Ask Spread

The difference between the price the trader and buy at and the price they can sell at.

Also bid-offer spread. The wider the spread, the more the trader pays, reactively.

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Annual Report

The annual audited full year accounts of a particular company along with statements from the Chairman and Chief Executive.

Poured over by analysts for any gems.

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