Pro courseBeginner15 minReading the Market
Trading Terminology
Trading screens are full of words that can feel like a foreign language. This module explains the essential terms with simple numbers, so you can read an order screen with confidence and understand exactly what each button does.
- 1Bid, ask, spread and trading pairsWhat bid, ask and spread mean, how to read a trading pair like BTC/USDT, and the difference between the base currency and the quote currency.3 min
- 2Order types: market, limit, stop and stop-limitMarket, limit, stop and stop-limit orders explained with simple numbers, including when each one fills and what can go wrong.3 min
- 3Positions, long and short, stop-loss and take-profitWhat a trading position is, what going long or short means, and how stop-loss and take-profit orders help you plan exits before you enter.3 min
- 4P&L, maker and taker fees, slippage, liquidity and volumeRealized vs unrealized profit and loss, maker and taker fees, slippage, liquidity and volume, explained with clear worked numbers.3 min
- 5Leverage, margin and liquidation: a warningWhat leverage, margin and liquidation mean, why leveraged trading is high risk for beginners, and why DUKOIN practice does not use leverage.3 min
Part of DUKOIN Pro
See plansEvery lesson's introduction is free to read. The full lessons, quiz and challenges come with Pro.
Education, not investment advice. Crypto prices can fall sharply and most retail traders lose money. Practice in DUKOIN uses virtual USD with no real value.