At Best
An instruction given to a dealer to buy or sell at the best rate that can be obtained at a specific time.
Related terms
At or Better
An instruction given to a dealer to buy or sell at a specific price or better.
Read full definitionMarket Order
An instruction to buy or sell immediately at the current market price. Market orders execute instantly but may not achieve the exact desired price due to market movement.
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Aggressive
A description of traders and/or price action acting with conviction.
Read full definitionArbitrage
The simultaneous buying and selling of the same currency in different markets to profit from small price differences. The strategy exploits temporary inefficiencies in FX markets.
Read full definitionBroker
A third party coordinating the sale of financial securities between sellers and buyers. Exchanges only accept orders from their members, so traders and investors use brokers as intermediaries; brokers are compensated through commissions, fees or payment from the exchange.
Read full definitionBulls
Traders who expect prices to rise and who may be holding long positions.
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Taking a long position on a product.
Read full definitionCapitulation
The act of surrendering or giving up. In financial markets it describes the point at which investors and traders stop trying to recapture lost gains or maintain positions in the face of falling or rising prices.
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