Financial Dictionary

A take profit order closes a position automatically when price reaches a set level of profit. It locks in gains without the trader having to watch the market.

Tapering is when a central bank gradually reduces the pace of its bond purchases. Announcements of tapering can push bond yields and the currency higher.

A tariff is a tax on imported goods. Tariffs can raise prices, hurt exporters and move currencies and stocks in the countries involved.

Technical analysis studies price charts, patterns and indicators to forecast future price movements. It assumes that past price behaviour can help anticipate what comes next.

Tether is the largest stablecoin by market value and aims to hold a value of one US dollar. It is widely used to trade between cryptocurrencies.

Three white soldiers is a bullish pattern of three long rising candles, each closing higher than the last. It suggests strong buying after a decline.

A tick is the smallest possible price movement in an instrument. Its size varies by market.

A ticker symbol is the short code that identifies a listed company or instrument, such as AAPL for Apple.

A timeframe is the period each candle or bar on a chart represents, such as five minutes, one hour or one day. Traders often check several timeframes before entering a trade.

A trading journal is a record of every trade, including the reasons for it, the result and how the trader felt. Reviewing it helps spot mistakes and improve.

A trading plan is a written set of rules covering which markets to trade, how to enter and exit, and how much to risk. It helps traders stay consistent and avoid emotional decisions.

Trading psychology covers the emotions and mental habits that affect trading decisions, such as fear, greed and overconfidence. Managing them is often as important as strategy.

Trading volume is the number of shares or contracts traded over a period. High volume shows strong interest and can confirm the strength of a move.

A trailing stop is a stop loss that moves with the price as a trade goes in the trader's favour, keeping a set distance. It locks in gains while letting a winning trade run.

US Treasuries are debt securities issued by the US government. They are seen as among the safest assets, and their yields set the benchmark for global borrowing costs.

A trend is the general direction in which a price is moving, whether up, down or sideways. Many strategies aim to trade in the direction of the trend.

A trendline is a straight line drawn along a series of highs or lows to show the direction of a trend. A break of the line can signal a change in trend.

A triple top is a bearish reversal pattern where price fails three times at a similar high. Its mirror image, the triple bottom, is a bullish reversal pattern.

A troy ounce is the standard unit of weight for precious metals, equal to about 31.1 grams. Gold, silver, platinum and palladium are priced per troy ounce.