Glossary
Glossary
The Glossary is a set of short entries (350-550 words each) for the terms that appear in every signal. Each entry defines the term plainly, shows the arithmetic, and links into the longer articles where the idea matters.
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What Is a Pip?
A pip is the standard unit for measuring a currency price move, usually 0.0001, or 0.01 for yen pairs. How pips work, what one is worth in dollars, and why signals quote them.
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What Is Drawdown?
Drawdown is the fall in an account's value from a peak to a later low. How to calculate maximum drawdown, why recovery takes a bigger gain, and what it says about a signal service.
Read the explainer →What Is Lot Size in Forex?
Lot size is the amount of currency in a forex trade: standard (100,000), mini (10,000) or micro (1,000) units. How lot size sets your pip value, margin and dollar risk.
Read the explainer →What Is Slippage in Forex?
Slippage is the difference between the price you expected and the price your order filled at. Why it happens, what it costs on a stop loss, and why signal followers often get more of it.
Read the explainer →What Is a Spread in Forex?
The spread is the gap between the bid and ask price of a currency pair, and the main cost of most retail forex trades. How to measure it, what it costs, and when it widens.
Read the explainer →What Is the Risk-Reward Ratio?
The risk-reward ratio compares how much a trade risks with how much it aims to make. How to calculate it, the win rate each ratio needs to break even, and its limits.
Read the explainer →What Is a Stop Loss?
A stop loss is an order that closes a trade once the price moves a set distance against you. How it works in a forex signal, how to size around it, and why it can fill worse.
Read the explainer →What Is a Take Profit?
A take profit is an order that closes a trade automatically once it reaches a set gain. How take-profit levels work in forex signals and why the target affects your win rate.
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