Glossary - C

This glossary defines terms used throughout SMC Trader.  A version of this glossary is also accessible through the SMC Trader platform.

The definitions are broken down as simply as possible to ensure you have full understanding of how the SMC Trader works.

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Close A Position »

Close an investment by transacting the opposite trade.

For example, if you bought 100,000 USD/JPY, you would have to sell 100,000 USD/JPY to close the position.