Trading glossary
Order Types & Execution
4 plain-English Order Types & Execution terms — each with a worked example, related terms, and risk notes. Educational only — no advice or signals.
Bid & Ask
The two live prices: bid is where you sell, ask is where you buy.
Slippage
The difference between the price you expected and the price you actually got.
Stop Loss
A preset order that closes a trade at a defined level to cap the loss.
Take Profit
A preset order that closes a trade at a defined profit level, locking in the gain.
Educational content only. Map.Trade does not provide financial advice or trading signals.