Running Profit/Loss
The amount you currently stand to gain or lose if you closed your open trades. Platforms typically show a running profit in green and a running loss in red.
Related terms
Unrealised Gain/Loss
The theoretical gain or loss on open positions valued at current market rates. Unrealised gains and losses become realised profits or losses only when the position is closed.
Read full definitionRealised Profit/Loss
The gain or loss recognised when an investment is actually sold for a higher or lower price than was paid. Buying 1,000 shares at $5 and selling at $8 realises a $3,000 profit, and only at that point does it become liable for capital gains tax.
Read full definitionOpen Position
An active trade with corresponding unrealised profit or loss that has not been offset by an equal and opposite deal.
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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 definitionAt Best
An instruction given to a dealer to buy or sell at the best rate that can be obtained at a specific time.
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An instruction given to a dealer to buy or sell at a specific price or better.
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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