Trading Basics
Credit Limit
The amount of credit given to a trader by a broker. Hardly done anymore.
Other Trading Basics
Cut and Reverse
When a position is fully reversed and an opposing position taken in a single trade.
Blue Chip
Well established, big companies.
A blue chip is an expensive chip on the poker table
Buy Stop
An order type where the trader wishes to go long above the current market price.
Start learning
Learn the skills needed to trade the markets on our Trading for Beginners course.
