P&L
Acronym for profit and loss statement.
Tag: P
Pending Order
An instruction to buy or sell an instrument when predetermined requirements are met.
Pip
A common term used in the currency markets to describe the smallest incremental move that an exchange rate can make. Usually, this is one basis point (0.0001) in the case of EUR/USD, GBP/USD, USD/CHF, and .01 in the case of USD/JPY.
Point
Price changes are normally quoted in percentage points and are often denoted using the percent sign.
Portfolio
The total collection of assets held or managed by a trader.
Position
The total amount of security a trader owns.
Position Trader
Refers to an investor who prefers holding a position for a longer time, expecting its price to rise.
Premium
The amount by which a bond or stock sells above its par value.
Price Action
The evolution of a security’s value over time.