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Position

An active trade that has been entered but not yet closed or expired.

Related Terms

Trading Platform The software used to execute trades. Zentrader offers a web-based platform that is fully compatible… Scalping A trading strategy that aims to profit from very small price movements over very short… CVV / CVC The three- or four-digit security code printed on a credit or debit card. Required when… Gap A price discontinuity on a chart where the asset opens significantly higher or lower than… Underlying Asset The financial instrument (e.g. currency pair, commodity, stock) on which a binary option is based. Out-of-the-Money (OTM) When a trade closes against the trader's prediction, resulting in a loss of the invested…

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