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Word list by address

Trading words, sorted by where the thing they name lives · India

The same terms as everywhere else, arranged by address instead of by letter. Each names something, and that something sits in one of three places: the market, the trading server behind the account, or the device in your hand.

The device is the smallest of the three, and the one beginners overrate. A stop-loss typed on a phone is stored on the trading server, not on your phone: the hand did the typing, the server keeps the instruction. Sort the vocabulary that way and most confusion about screens goes with it.

Words for things the market holds

Nothing here answers to a device. These carry on while every screen is dark.

WordWhat it namesWho moves it
MarketAll the buyers and sellers of one thing.«The market moved» only means the price changed.
PriceWhat one unit costs right now.The market, while it is open.
Instrument (symbol)The thing traded and its short code: EUR/USD, gold.An order points at it; nobody sets it.
Buy price / sell priceTwo prices at once: you buy higher, sell lower.The market side, not the screen.
SpreadThe gap between them; why a new trade starts with a tiny minus.No screen adds it or takes it away.
PipA very small step: EUR/USD 1.1000 to 1.1001, about 10 cents in the smallest sizes.The market's own scale.

Words the trading server keeps

The largest group: it belongs to the account, not to the thing in your pocket.

WordWhat it namesStill true with the app shut
OrderYour instruction: buy or sell, what, how much.Yes. Putting the phone away does not recall it.
ExecutionThe moment the order is carried out.Yes. The price can move a little between the tap and that moment.
PositionA trade that is currently open.Yes. Profit or loss keeps changing, watched or not.
Stop-lossClose the trade automatically if the loss reaches this level.Yes: stored on the trading server, not on your phone.
Take-profitThe same, at a level of profit you choose.Yes, with nobody watching the screen.
Stop outAutomatic closing when losses eat too much margin.Yes. It stops losses swallowing the account.
LeverageBorrowed power: a small amount controls a larger trade.Yes, and it makes losses grow as fast as gains.
MarginMoney set aside while a leveraged trade is open.Yes, released when the trade closes.
Free marginMoney not tied up in open trades.Yes. What is left for new trades.
BalanceMoney in the account, not counting open trades.Yes. It moves on a closed trade or a transfer, never on a tap.
EquityBalance plus the profit or loss of open trades.Yes. Counted where the account is kept.
SwapA small charge, sometimes a credit, for holding overnight.Yes. Shown before the trade is placed.

Words for the view and the hand

The short group: each names something looked at or decided, and both need a person.

WordWhat it namesWhat is left when the device is put down
ChartA picture of price over time.The picture goes, the prices stay. Reading one is a skill, not a place.
CandleOne block of it: start, end, and the swing between.Its slice of time is cut by the market's clock.
TradeOne decision: you enter, and later you exit.Nothing, once it has become an order.
Long / shortBuying if you expect a rise; selling first if you expect a fall.The direction travels with the order.
VolumeHow big the trade is, in lots. Bigger volume, bigger swings.The figure stays with the position.
LotThe unit size is counted in: one lot of EUR/USD is 100,000 euros; 0.01 can be traded.A unit stays a unit, on any device.
Risk per tradeWhat one trade loses if its stop-loss is hit.Whatever was written down first.
DrawdownHow far the account has fallen from its peak.A reading of figures the account already holds.

Words that name a company, an account or a check

A few words name neither a place nor a number. Broker is a company: it connects you to the market and carries out your trades (what a broker does). Deposit and withdrawal are money moving into and out of the trading account; the screen where the amount is entered may be a phone, the movement is not (both directions). Verification (KYC) is the identity check run before real money is traded, usually a document such as a passport or ID card.

Demo account, Standard Cent account and swap-free name accounts, not screens: a demo has virtual money, real prices and no time limit, opened with an email and a password, and Standard Cent counts in cents, where $10 becomes about 1,000 small units (account types).

Placing a word you met somewhere else

  1. Does it change while nothing of yours is open?

    Then it belongs to the market: price, spread, pip. No honest explanation mentions a device.

  2. Would it still be true with the device switched off?

    Then the server keeps it: a position, a stop-loss, a balance. Learn these first.

  3. Did it exist before somebody looked or decided?

    If not, it is a word of the view and the hand: a chart, a volume, a risk per trade.

A term answering yes twice is two words in one coat. «Trade» is a decision in your head and an order the second it is sent, which is why a closed app is not a closed trade.

What this sorting does not settle

  • It does not rank the words. Sitting on the server makes a term no more important than one that does not.
  • It says nothing about what comes next. Every word here describes what already happened.
  • It cannot replace an hour of use. One small trade on a demo is where words stop being vocabulary.

Questions about where a word sits

Which word names something stored on the trading server?

The stop-loss, most plainly: stored on the trading server, not on your phone. A balance sits there too.

Does «position» mean anything different on a phone?

No. A position is a trade that is currently open, whichever device opened it.

Where does a «pip» belong, to the market or to the app?

To the market. EUR/USD from 1.1000 to 1.1001 is one pip, about 10 cents in the smallest sizes.

Is «balance» a number the device keeps?

A number the account keeps: money in the account, not counting open trades.

Does «execution» describe the tap, or what follows it?

What follows: the price can move a little between the tap and the moment it is carried out.

Is «demo account» a word for practice software?

No. It names an account, not a program: virtual money, real prices, no time limit. Practising there costs nothing.

Why is «broker» in none of the three tables?

It names a company. Its platforms, the Exness Trade app, Exness Terminal in a browser and MetaTrader 4 and 5, are ways in.

Does any word stop applying when the app is closed?

Only the third table, and only because nothing is being looked at. Close the app, come back tomorrow, the rest is unchanged.

Where these words are used next

What a broker holds

What sits with the company, and what never leaves the market.

See what a broker does

The safety words in use

Stop-loss, risk per trade and drawdown, applied instead of defined.

Read the safety rules

Short answers

Honest replies to the questions new traders ask first.

Read the FAQ

The three places are easiest to see on your own account.

A demo comes with virtual money and live prices, free and with no time limit. Leave a small position running, shut everything down, look again later: what is still there was never in your hand.

Open a free demo at Exness