Here’s a quick beginner-friendly glossary for learning trading on Binance:
1. Spot Trading – Buying/selling crypto for immediate delivery.
2. Limit Order – You set the price, and the trade executes only when the market hits it.
3. Market Order – Buys/sells instantly at the current market price.
4. Stop-Loss – An order to sell when price drops to a set level, to limit losses.
5. Take-Profit – An order to sell when price rises to a set level, to lock in profits.
6. Leverage – Borrowing funds to increase position size (high risk).
7. Margin Trading – Trading with borrowed funds (can amplify gains and losses).
8. Liquidity – How easily an asset can be bought or sold without affecting its price.
9. Order Book – A list of buy and sell orders for a crypto pair.
10. Candlestick Chart – Shows price movements over time (open, high, low, close).
11. Volume – The total amount of an asset traded in a given time.
12. Pair – Two currencies being traded (e.g., BTC/USDT).
13. Volatility – How much and how quickly the price moves.
14. FOMO – Fear of Missing Out, often leading to emotional trades.
15. DYOR – Do Your Own Research before investing.
16. Support – A price level where buying interest is strong enough to prevent the price from falling.
17. Resistance – A price level where selling pressure is strong enough to stop the price from rising.
18. Breakout – When price moves above resistance or below support with strong momentum.
19. Bear Market – A prolonged period when prices are generally falling.
20. Bull Market – A prolonged period when prices are generally rising.