Trading Basics
GTC
Good Till Cancelled. An order type that is live until cancelled by the trader.
Other Trading Basics
CFD
Contract for difference.
An OTC financial derivative where the counterparties agree to exchange the change in a price.
No underlying assets are exchanged.
Automated Trading
Where the buying and selling of securities is automated and driven by algorithms.
Controlled Risk Bet
A trade where the maximum downside is predefined, usually with a guaranteed stop-loss order.
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