Neal Lewis

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Activity overview

Latest activity by Neal Lewis
  • Neal Lewis created an article,

    What is Take Profit and how to set it up?

    Once a trader opened a position, it can turn from profitable to money-losing and back a few times. The price may reach the desired level when the trader cannot be around to close the position and f...

  • Neal Lewis created an article,

    What is Stop Loss and how to set it up?

    A trader, opening a Long or a Short Position, aims to benefit from the price movements of the underlying asset. The price may move far in the adverse direction while the position is open when a tra...

  • Neal Lewis created an article,

    Must have trader's glossary

    Here are some of the most important terms in trading. Click on any of them to learn the definition and to understand the term applications. Ask Bid CFD (Contracts for Difference) Currency Pair Der...

  • Neal Lewis created an article,

    Coming soon

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  • Neal Lewis created an article,

    Coming soon

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  • Neal Lewis created an article,

    PiP

    PiP (short for Point in Percentage) is a standardized unit of measurement that represents the smallest amount by which a currency quote can change. A pip value helps to determine how a one pip chan...

  • Neal Lewis created an article,

    Position

    Position represents an expression of a market commitment that a trader has. For example, if you own 2 BTC, you have a long position of 2 BTC.  Position is opened when an order to open this position...

  • Neal Lewis created an article,

    Realized Profit/Loss

    Realized Profit/Loss refers to a profit or a loss from a completed trade. Until you complete a trade, i.e. close a position, your Profit / Loss remains unrealized and can fluctuate (or “float”). By...

  • Neal Lewis created an article,

    Rollover Rate

    Rollover rate is interest paid by a trader, who uses leverage, for keeping a position open for the next predetermined period of time. Since leverage implies the use of borrowed funds, these funds a...

  • Neal Lewis created an article,

    Short Position

    Short position is a position established with an expectation that the price of an asset will go down. Simply put, you sell an asset, wait for its price to go down, and then buy it again. The differ...