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Explore clear definitions, everyday examples and lesson contexts.
Showing 11 of 11 matching terms
A prewritten daily control or pause rule defined against a stated account measure, including how open results and costs are treated.
Example: In a hypothetical demo plan, a learner stops new actions when the day’s defined loss threshold is reached.
Keep in mind: A pause rule does not guarantee existing positions cannot lose more or prevent gaps and slippage.
A stream or record of information supplied by a particular source, with its own coverage, timing and measurement conventions.
Example: A thermometer at one location provides one local record, not every temperature across a city.
Keep in mind: Two feeds can legitimately differ; document the source and price basis.
The difference between a reported value and a specified forecast saved beforehand, using the same measure, period and units.
Example: A hypothetical actual of 3.2% minus a saved forecast of 3.0% is +0.2 percentage point.
Keep in mind: A positive numerical surprise does not mean the currency must rise or that the release alone caused a price move.
A holding-style label generally involving closure within a defined trading day or session.
Example: A hypothetical rule requires no open position after its stated session boundary.
Keep in mind: Define the actual boundary and timezone; the name alone does not guarantee positions were closed.
A seasonal local-clock adjustment used in some places. It can change the UTC time of a financial centre’s usual local working hours.
Example: A shop still opens at 09:00 local time, but that opening can correspond to a different UTC time after a clock change.
Keep in mind: Different places can change clocks on different dates or not change them at all.
A participant that trades as a counterparty on its own account, rather than only arranging a transaction for someone else.
Example: A currency shop that buys your currency and sells its own currency illustrates a dealer role.
Keep in mind: Read the actual agreement; a platform’s marketing label may not explain its legal role.
A way a provider handles customer transactions, often within a dealer or market-making business. Its precise responsibilities and conflicts depend on the arrangement.
Example: A shop quotes buying and selling prices and decides how to manage the inventory created by customer orders.
Keep in mind: The label is not by itself proof of honest or dishonest conduct.
A dated record of the information, rule version, reasoning, action or decision to skip, assumptions and later outcome of a case.
Example: A learner writes why they skipped a demo entry before knowing what the chart did later.
Keep in mind: Keep original entries and append dated corrections; screenshots alone are not a complete journal.
A practice account that uses simulated money to rehearse platform controls and market decisions without placing those practice funds at risk.
Example: A learner practises entering and cancelling an order before using any real money.
Keep in mind: Demo fills, costs and emotional pressure may differ from live conditions.
A disagreement between corresponding selected price swings and indicator swings under an explicitly named comparison rule.
Example: Two fictional price highs rise from 10 to 12 while their associated oscillator highs fall from 70 to 65.
Keep in mind: The observations must correspond; disagreement does not guarantee a trend reversal.
A decline from a previous high to a later value in a consistently defined account series, such as balance or equity.
Example: An invented account series falls from a 100-unit peak to 80: a 20-unit decline, or 20% of that peak.
Keep in mind: Balance-only and equity drawdown can differ; neither is automatically the sum of every losing trade.