Letter P

P — Trading Terms Starting With P

Explore trading terms beginning with P, with clear definitions covering market structure, execution, risk, instruments, analysis, psychology, and performance concepts used by traders.

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Trading terms beginning with P

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P

Paper Trading

Paper trading is simulated trading using virtual money. It allows traders to test strategies, platforms, and execution rules without risking real capital.

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P

Parabolic SAR

Parabolic SAR is a trend-following indicator that places dots above or below price. Traders use it to study trend direction, trailing stops, and possible reversals.

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P

Partial Fill

A partial fill occurs when only part of an order is executed because insufficient quantity is available at the requested price.

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Partial Profit

A partial profit is realized by closing part of an open position while keeping the remaining quantity active. It can reduce exposure but may also lower average reward.

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P

Pip

A pip is a standard unit of price movement in forex. For many currency pairs, one pip equals 0.0001, though conventions differ for yen pairs and some instruments.

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Position Size

Position size is the number of shares, lots, contracts, or units included in a trade. It should normally be calculated from account risk and stop distance.

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Price Action

Price action is the study of raw market movement, including candles, structure, support, resistance, momentum, and breakouts, without depending entirely on indicators.

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Profit Factor

Profit factor is calculated by dividing total gross profit by total gross loss. It shows how much profit was generated for each unit of loss.

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P

Pullback

A pullback is a temporary move against the current trend. Traders may use it to enter continuation trades at a better price or to manage existing positions.

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