Trading Basics

Credit Account

For those with excellent credit some brokers will provide a credit account. This means the trader puts up less margin.

Other Trading Basics

Bullish and Bearish Markets

A bullish market means that the price is going up and higher.

Cable

Another name for the GBP – USD exchange.

Around half a trillion dollars is traded between the two currencies everyday, making it the third most popular currency pair to trade in behind EUR – USD and USD – JPY.

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.