Order Execution: This involves the process of placing buy or sell orders through a broker or trading platform. Different order types (e.g., market order, limit order, stop order) are used depending on the trader's strategy and desired execution price.

* Market Analysis: Traders analyze market data, news, and economic indicators to identify potential trading opportunities and make informed decisions about when to buy or sell. This can involve technical analysis (studying price patterns and trading volumes) and fundamental analysis (evaluating the intrinsic value of an asset).

* Risk Management: Identifying, assessing, and mitigating potential losses is crucial in trading. This involves setting stop-loss orders, diversifying portfolios, and managing position sizes.

* Trade Settlement: After a trade is executed, the process of transferring ownership of the asset and the corresponding funds takes place