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Lock limit Definition
What Is a Lock Limit in Futures Trading? A lock limit is a price boundary set by an exchange beyond which a futures contract is not permitted to trade. Once the price of a futures contract reaches the lock limit — either on the upside or downside — trading in that contract effectively halts for Continue Reading
Written on September 3, 2026 at 5:03 pm
Categories: Trading Glossary
Tags: Trading Basics
London session Definition
What Is the London Session and When Does It Start? The London session refers to the period during which the London financial markets are open for trading. As the largest forex trading centre in the world, London generates a disproportionate share of global daily forex volume — typically accounting for over 30% of total FX Continue Reading
Written on September 3, 2026 at 5:03 pm
Categories: Trading Glossary
Tags: Markets
Long-legged doji Definition
What Is a Long-Legged Doji Candlestick Pattern? A long-legged doji is a candlestick pattern characterised by a very small real body positioned at or near the centre of the candle, with equally long upper and lower shadows (wicks). The small body shows that the open and close prices were nearly identical, while the extended shadows Continue Reading
Written on September 3, 2026 at 5:03 pm
Categories: Trading Glossary
Tags: Technical Analysis
Lot-based commission Definition
What Is a Lot-Based Commission in Trading? A lot-based commission is a fee charged by a broker for facilitating a trade, calculated according to the number of lots traded rather than as a fixed flat rate. Instead of widening the spread to recover costs, brokers using this model charge a transparent per-lot fee on each Continue Reading
Written on September 3, 2026 at 5:03 pm
Categories: Trading Glossary
Tags: Trading Basics
Lot Definition
What Is a Lot in Trading and Why Does It Matter? A lot is the standard unit used to measure the size of a trade in financial markets. In forex, one standard lot equals 100,000 units of the base currency. Lot sizes determine how much of a currency pair, commodity, or index you are buying Continue Reading
Written on September 3, 2026 at 5:03 pm
Categories: Popular Term, Trading Glossary
Tags: Trading Basics
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