Take Profit
Riccardo Dondi
Take Profit is a predefined level where traders close a trade to secure profits, ensuring gains before market downturns in cryptocurrency trading.
Cryptocurrency Trading
Stop Loss
A stop loss is a critical tool in cryptocurrency trading, designed to help traders manage risk and minimize potential losses by setting predetermined prices.
Slippage
Slippage in cryptocurrency occurs when there's a difference between the expected and actual trade price, often due to market volatility and low liquidity.
Order Book
An order book in cryptocurrency is a digital ledger listing buy and sell orders, facilitating transparent trading and aiding in market price discovery and strategy development.
Market Order
A market order in cryptocurrency trading ensures immediate execution at the current market price, prioritizing speed over price certainty, yet may result in slippage.
Hamster
A "Hamster" in cryptocurrency refers to a novice trader engaging in high-risk activities based on emotions and rumors, often leading to substantial financial losses.
Front Running
Front running in cryptocurrency involves trading on non-public information, giving unfair advantages and undermining market integrity and investor confidence.
Floor
The floor in cryptocurrency is the minimum price level at which a digital asset can be traded, playing a crucial role in market stability, risk management, and investment decisions.
Decentralized Exchange (DEX)
A Decentralized Exchange (DEX) allows users to trade cryptocurrencies directly using smart contracts, enhancing security, privacy, and control without a central authority.
Bid Price
The bid price in cryptocurrency is the highest amount a buyer is willing to pay, crucial for determining market value, liquidity, and trading strategies.