Trading 101
Learn the fundamentals of trading and key terms to get started.
By Richard and 1 other2 authors13 articles
Your Guide to Trading Terminology
Discover clear explanations of key trading terms, from basic concepts to advanced market terminology. Perfect for both new and experienced traders using Blueberry.
- Ask PriceThe Ask Price is the amount you pay to buy a financial instrument. This article explains how the Ask works in live quotes, how it differs from the Bid Price,…
- Bid PriceThe bid price is the amount a buyer is willing to pay for a financial instrument. This article explains how the bid works in live quotes, how it differs from…
- SpreadLearn how the spread — the difference between the bid and ask price - impacts your trading costs and overall profitability.
- Lot SizeLearn how lot sizes work in forex and CFDs, and how to choose the right trade size for better risk management.
- PipsLearn what pips are, how they measure price movement in trading, and how pip values affect your profit, loss, and risk management across different instruments.
- LeverageLearn how leverage works in trading, how it amplifies both potential profits and risks, and what to consider when choosing your leverage level.
- Rollover PeriodThis article gives you a quick and easy overview of what happens during the Rollover Period and why it matters for your trades.
- MarginLearn what margin is, how it works, and why it is required to open and maintain leveraged trading positions.
- EquityLearn what equity is, how it is calculated, and why it plays a critical role in managing margin and risk in your trading account.
- BalanceLearn what balance is, what it represents, and how it differs from equity in your trading account.
- Stop Loss (SL)Learn what a Stop Loss is, how it works, and why it is one of the most important risk management tools in trading.
- Take Profit (TP)Learn what a Take Profit order is, how it works, and how it helps traders lock in gains automatically as part of a disciplined trading strategy.
- Swap (Rollover)Learn what a swap is, how it works, and why swap charges or credits may apply when holding a trading position overnight.