What are the common trading concepts?
What is a short position?
A short position is the opposite of a long position. Opening it in the market means selling a financial instrument in anticipation that its price will decrease in the future. In other words, by opening a short position in the market, one can potentially profit if the value of the asset decreases.
What is the purpose of Stop Loss (SL) and Take Profit (TP) orders?
Stop Loss and Take Profit pending orders are used to automatically close open positions at prices specified by the investor. SL orders are used to limit potential losses, while TP orders are used to realize potential profits.
Why did my position close automatically?
In the event that the margin level falls to 50%, the most losing position is automatically closed.