Take Profit Order

A One Cancels the Other (OCO) order is a type of conditional order used in trading that combines two separate orders. When one of the orders is triggered and executed, the other is automatically cancelled. This allows traders to plan for multiple market scenarios while ensuring that only one of the two outcomes takes place….

Options are financial derivatives that give the buyer the right, but not the obligation, to buy or sell an underlying asset at a predetermined price within a specific time frame. There are two main types of options: call options, which give the right to buy, and put options, which give the right to sell. Traders…

Arbitrage is a trading strategy that takes advantage of price differences for the same asset in different markets. In simple terms, it means buying an asset at a lower price in one place and selling it at a higher price in another, making a profit from the difference. This opportunity usually exists for a very…

Non-Farm Payrolls (NFP) is a key economic indicator released monthly by the U.S. Bureau of Labor Statistics. It measures the total number of paid workers in the U.S., excluding employees in farming, government, private households, and nonprofit organizations. NFP data provides a snapshot of employment trends. It is considered a strong indicator of overall economic…

Free margin is the amount of available funds in a trading account that can be used to open new positions. It is calculated by subtracting the margin currently being used for open trades from the account equity. The account equity includes the balance plus or minus any unrealized profits or losses. In simple terms, free…

The Commodity Channel Index (CCI) is a technical indicator used to measure the strength and direction of a price trend. Despite its name, the CCI is not just for commodities—it is widely used in Forex, and other financial markets. The indicator compares an asset’s current price to its average price over a set period, helping…