This is the language of the market

Once you understand the key terms, it will be much easier to read trading signals and follow the instructions later on.

You don’t have to memorize everything at once. Save this section and come back to it whenever you run into an unfamiliar term.

Buy and Sell

Buy — buying. In our work, Buy is a trade you open when you expect the price to rise. Expect a rise → Buy.

Sell — selling. Sell is a trade you open when you expect the price to fall. Expect a fall → Sell.

The key point: you have the opportunity to gain in either direction. When you work with the system, you don’t need to guess the direction yourself: you follow the trading signal.

Entry — the entry point

Entry — the price at which a trade is opened.

If a trading signal specifies a particular entry point, it’s important to stick to exactly that point.

For example: Entry: 1.0850 — this price is the planned entry point for the trade.

Stop Loss — protection against losses

Stop Loss (SL) — a level set in advance at which the trade closes automatically if the price moves against you.

The main purpose of a Stop Loss is to limit a possible loss.

For example, you open a trade and decide in advance the level at which you’re ready to cut the loss. If the price reaches that level, the position closes automatically.

Take Profit — locking in profit

Take Profit (TP) — a level set in advance at which the trade closes automatically, locking in profit.

A single signal can have several targets: TP1, TP2, TP3.

If a signal lists several TP targets, the bot opens a separate position for each target. The total trade volume is split between these positions. Each position closes automatically when its own TP is reached.

Lot — trade size

Lot — the size of a trading position, that is, the volume with which you open a trade.

The larger the position size, the larger both the potential profit and the potential loss can be.

That’s why the trade volume isn’t chosen at random: it must match your deposit and the risk management rules that have been set.

Deposit

Deposit — the funds held in your trading account and used for trading. You manage your account yourself, including funding it and withdrawing funds.

Break Even (BE)

Break Even (BE) — moving the Stop Loss to the entry price after the trade has already moved a certain distance in your favor.

In simple terms: the trade is in profit → the Stop Loss is moved to the entry point → if the price reverses, the trade may close at roughly zero.

This helps protect the result you’ve already gained and reduces the risk of a profitable position turning back into a losing one.

If the signal calls for moving to break-even, the bot does it automatically.

Check yourself

Work through the situation

The signal says: EURUSD — SELL, Entry 1.0850, SL 1.0880, TP 1.0790.

Which statement is correct?

In short

  • Buy — a trade counting on a rise, Sell — on a fall.
  • Entry — the entry price, Stop Loss limits the loss, Take Profit locks in profit.
  • Lot — volume: it increases both the possible profit and the possible loss.
  • Deposit — the funds in your account; you don’t risk your entire deposit on a single trade.
  • Break-even — moving the Stop Loss to the entry price after the price moves in your favor.