Trailing Stop mode maintains the mechanism of automatic shift of a linked Stop Loss order according to the following rule: if the profit of a position becomes higher than the set fixed distance, the Stop Loss order moves to the level on which the difference between the current market price and order price is equal to this distance.
Unrealized P/L
Theoretical profit or loss of an open position determined by current market prices.
Price Action
Price action refers to a security’s price movement. It can be represented in terms of charts, graphs, and tables.
Trade Balance
Trade balance measures the ratio of exports to imports for a given country’s economy. If exports are higher than imports (a trade surplus), the trade balance will be positive. If imports are higher than exports (a trade deficit), the trade balance will be negative.