Glossary of trading terms for forex and CFD trading education
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Perdagangan Setelah Jam Kerja

Trading activities conducted outside regular market hours, typically between 16:00 and 20:00 ET in the U.S.

Arbitrase

A strategy where traders exploit market price differences to achieve risk-free profits.

Tanya / Tawarkan

Harga dimana trader memasuki posisi long atau menutup posisi short.

Aset

A valuable economic resource owned by individuals, corporations, or governments capable of generating future benefits.

Kelas Aset

A category of financial instruments with similar characteristics, such as stocks, bonds or commodities are governed by the same regulatory framework.

Australia (Ozzie) AUD/USD

A commonly used term for the AUD/USD currency pair, known for its liquidity and connection to commodity markets.

Akuisisi

The process by which one company takes control of another, often as part of a growth or expansion strategy.

ADR (Kwitansi Penyimpanan Amerika)

A financial instrument enabling U.S. investors to trade shares in foreign companies on American stock exchanges.

Peringatan

Notifications or reminders set by traders to inform them about a specific price movements, market conditions, or news events.

Alfa

A measure of an investment’s performance relative to a benchmark, representing the value added by active management.

Amortisasi

The gradual repayment of a loan or the systematic allocation of the cost of an intangible asset over its useful life.

Rapat Umum Tahunan (RUPS)

A yearly meeting of a company’s shareholders to discuss financial performance, elect board members and vote on key issues.

Di Uang

A term in options trading indicating that the option’s strike price is equal to the current market price of the underlying asset.

Lelang

A trading process where buyers and sellers submit competitive bids and offers, with transactions occurring at the most favorable prices.

Perdagangan Otomatis

A trading method using computer algorithms to execute trades based on predefined criteria, eliminating the need for manual input.

Rata-rata Turun

An investment strategy where an investor buys additional shares of a declining stock to lower the average cost per share of their position.

Pengujian Kembali

The process of evaluating a trading strategy using historical chart data to assess its performance.

Keseimbangan

Jumlah total uang yang tersedia di akun trader.

Mata Uang Dasar

The first currency in a currency pair. For example, in EUR/USD, the EUR is the base currency.

Poin Dasar

A unit of measure for interest rates or financial percentages, equal to 1/100th of 1%, or 0.01%.

Beruang

Seorang investor atau pedagang yang yakin pasar atau aset tertentu akan menurun.

Pasar Beruang

A market characterized by falling prices, indicating a period of pessimism among investors.

Kasar

A term used to describe a negative market sentiment or expectation of declining prices.

Beta

A measure of an asset’s volatility relative to the overall market, used to assess its risk compared to the market average.

Tawaran

The price at which a trader can sell an asset (enter a short position) or close an extended position.

Saham Blue Chip

Shares of well-established, financially stable companies with a long history of reliable performance.

Bollinger Band

A technical analysis tool using a moving average and two standard deviations to identify price volatility and potential overbought or oversold conditions.

Perdagangan Obligasi

The buying and selling of debt securities, typically issued by governments or corporations, in exchange for fixed interest payments.

Obligasi

Fixed-income instruments representing a loan made by an investor to a borrower, usually a corporation or government, with periodic interest payments.

Nilai Buku

The net asset value of a company, calculated as total assets minus liabilities, often used to assess its intrinsic value.

Intinya

A company’s net income or profit after all expenses, taxes, and costs have been deducted from revenue.

Brent Mentah

A benchmark for oil prices, representing crude oil extracted from the North Sea, widely used to price global oil markets.

Pialang

An intermediary facilitating trading by connecting buyers and sellers, typically earning a commission.

Banteng

An investor or trader who believes the market or a specific asset will rise in value.

Pasar Banteng

A market characterized by rising prices, indicating a period of optimism among investors.

Beli

Membeli aset keuangan dengan ekspektasi bahwa harganya akan meningkat.

Beli dan Jual

Fundamental trading actions where traders purchase (go long) or sell (go short) financial assets based on market outlook.

Beli dan Tahan

A long-term investment strategy where securities are purchased and held for extended periods, often ignoring short-term price fluctuations.

Batas Beli

An order to purchase an asset lower than the current market price, triggered when the market falls to the specified level.

Beli Berhenti

An order to purchase an asset higher than the current market price, triggered when the market rises to the specified level.

Kabel GBP/USD

The commonly used term for the GBP/USD currency pair, historically named after the transatlantic telegraph cable connecting London and New York.

tempat lilin

A graphical representation of price movements showing the open, close, high, and low prices within a specified time frame.

Siklus Konversi Tunai (CCC)

A metric measuring the time it takes for a company to turn investments in inventory into cash flow from sales.

Laporan Arus Kas (CFS)

A financial document summarising a company’s cash inflows and outflows over a specific period.

Opsi Panggilan

A contract giving the holder the right, but not the obligation, to buy an asset at a specified price within a set time frame.

Belanja Modal (CapEx)

Funds a company uses to acquire, upgrade, or maintain physical assets such as property or equipment.

Keuntungan Modal

Keuntungan dari menjual aset lebih dari harga belinya.

Pajak Keuntungan Modal

Pajak yang dikenakan atas keuntungan dari penjualan suatu aset.

Kerugian Modal

Kerugian yang terjadi ketika menjual suatu aset dengan harga kurang dari harga belinya.

Arus Kas

Jumlah bersih uang tunai yang masuk dan keluar dari suatu bisnis.

Nilai Tunai

The benchmark interest rate set by a central bank, used as a reference for monetary policy and interbank lending.

Keuntungan yang Dikenakan Biaya

Laba kena pajak yang direalisasikan dari penjualan suatu aset.

Chartis

An analyst who predicts market trends by studying historical price charts and patterns.

Harga Penutupan

Harga akhir suatu sekuritas pada akhir sesi perdagangan.

Komoditas

Raw materials or agricultural products traded on markets, classified as hard commodities (e.g., oil, metals) or soft commodities (e.g., wheat, coffee).

Komisi

Biaya yang dikenakan broker untuk mengeksekusi perdagangan, biasanya di samping spread.

Rasio Konsentrasi

A measure of market dominance, showing the combined market share of the largest firms in an industry.

Kontrak untuk Perbedaan (CFD)

Financial derivatives allowing traders to speculate on price changes without owning the underlying asset.

konveksitas

A measure of a bond’s price sensitivity to interest rate changes, reflecting how its duration changes as rates fluctuate.

Biaya Membawa

Expenses associated with holding a financial position over time, such as interest or storage costs.

Panggilan Tertutup

An options strategy combining a long position in an asset with the writing of call options on the same asset to generate additional income.

CPI (Indeks Harga Konsumen)

An index tracking the average price change consumers pay for goods and services, used to measure inflation.

Kristalisasi

Proses merealisasikan keuntungan atau kerugian dengan menjual suatu aset.

Pasangan Mata Uang

A quotation of two currencies indicating how much of the quote currency is needed to purchase one unit of the base currency (e.g., EUR/USD).

Apresiasi Mata Uang

Peningkatan nilai suatu mata uang relatif terhadap mata uang lainnya.

Depresiasi Mata Uang

Penurunan nilai suatu mata uang relatif terhadap mata uang lainnya.

Pasak Mata Uang

A policy fixing a currency’s value relative to another currency or a basket of currencies.

Penjaga

A financial institution responsible for safeguarding financial assets on behalf of firms or individuals.

Kolam Gelap

Private trading venues where large institutional investors trade securities away from public exchanges, providing anonymity and minimizing market impact.

Urutan Harian

A type of order that remains active only during the trading day it was placed; if not executed by the market close, it is automatically canceled.

Pedagang Harian

A trader who executes multiple transactions within the same trading day, aiming to profit from short-term price movements.

Perdagangan Harian

A trading strategy where positions are opened and closed within the same trading day, with no positions held overnight.

Rasio Hutang

A financial metric showing the proportion of a company’s total debt to its assets, used to assess financial leverage.

Delta

A measure of an option’s sensitivity to price changes in the underlying asset, expressed as a ratio between 0 and 1 for call options and 0 and -1 for put options.

Depresiasi

The gradual reduction in the value of an asset over time due to wear and tear, obsolescence, or usage.

Turunan

A financial instrument deriving its value from an underlying asset, such as stocks, bonds, currencies, or commodities.

Opsi Digital

A type of options contract with fixed payouts, where the trader predicts whether the price of an asset will reach a specified level at expiry.

Akses Pasar Langsung (DMA)

A trading system allowing investors to execute trades directly on financial markets, bypassing intermediaries like brokers.

Diversifikasi

A risk management strategy spreading investments across various asset classes, industries, or regions to reduce exposure to market volatility.

Dividen

A portion of a company’s earnings distributed to shareholders as cash or additional shares, rewarding their investment.

Rata-rata Industri Dow Jones (DJIA)

A benchmark index tracking the performance of 30 major U.S. companies across various sectors, used as an economic indicator.

Laba Per Saham (EPS)

A company’s net income divided by its number of outstanding shares used to measure profitability per share.

EBITDA

Earnings Before Interest, Taxes, Depreciation, and Amortisation; a financial metric showing a company’s profitability before accounting for these expenses.

EBITDA

Earnings Before Interest, Taxes, Depreciation, Amortisation, and Rent; a variation of EBITDA that excludes rent expenses to provide insight into operational performance.

ECB (Bank Sentral Eropa)

The central bank of the Eurozone, responsible for managing monetary policy and maintaining financial stability for the euro currency.

EDSP

The Exchange Delivery Settlement Price at which a futures contract is settled at expiry, determined by the exchange.

Kalender Ekonomi

A schedule listing upcoming economic events, news releases, and indicators that could impact financial markets.

ECN (Jaringan Komunikasi Elektronik)

A digital trading platform that connects liquidity providers, such as banks, brokers, and traders, to facilitate transparent and efficient trade execution.

Ekuitas

The value of a trader’s funds in an account, including unrealized profits or losses from open positions.

Opsi Ekuitas

Financial derivatives that give the holder the right, but not the obligation, to buy or sell a stock at a specified price within a set period.

ETF (Dana yang Diperdagangkan di Bursa)

A tradable security that tracks an index, sector, commodity, or asset, offering diversification and flexibility like a stock.

ETP (Produk yang Diperdagangkan di Bursa)

A broad category of securities traded on exchanges, including ETFs, ETNs, and ETCs.

Pertukaran

A regulated marketplace where financial instruments, such as stocks, currencies, and commodities, are traded.

Eksekusi

Menyelesaikan perdagangan dengan mencocokkan pesanan beli dan jual di pasar.

Tanggal Kedaluwarsa

The date when a financial contract, such as an option or futures contract, expires and ceases to be valid.

Eksotik

Currency pairs that involve at least one less-traded or emerging-market currency, excluding major currencies like USD, EUR, GBP, JPY, AUD, CAD, CHF, and NZD.

Expert Advisor (EA)

Automated trading software that analyses market conditions and executes trades based on pre-set algorithms. TMGM supports third-party EAs on MT4 accounts.

Paparan

The amount of money or capital at risk in an investment or trade, typically measured by the position size.

Nilai Wajar

The estimated worth of a financial instrument derived from its current market price, expected future cash flows, and other fundamental factors.

Cadangan Federal

The central bank of the United States, responsible for monetary policy, financial stability, and managing inflation and employment.

Mata Uang Fiat

A government-issued currency not backed by a physical commodity like gold but rather by the trust and credit of the economy.

Retracement Fibonacci

A technical analysis tool using horizontal lines to indicate potential support or resistance levels based on key Fibonacci ratios (23.6%, 38.2%, 50%, 61.8%, and 100%).

Isi

The process of completing a buy or sell order by matching it with a counterparty in the market.

Instrumen Keuangan

A tradable asset, such as stocks, bonds, derivatives, or currencies, used for investment or hedging purposes.

Pasar Keuangan

A marketplace where assets like stocks, bonds, and currencies are traded, facilitating economic activity and capital allocation.

Biaya Tetap

Business expenses that remain constant regardless of production levels, such as rent, salaries, and insurance.

Nilai Tukar Mengambang

A currency valuation system where the exchange rate is determined by supply and demand in the forex market rather than being pegged to another currency.

FOMC (Komite Pasar Terbuka Federal)

A branch of the Federal Reserve that sets U.S. monetary policy by managing interest rates and open market operations.

Buka Paksa

A trading option that forces a new position to open, even if an existing position is in the opposite direction.

Forex (Devisa)

The decentralized global currency trading market offering high liquidity and 24-hour operation.

Kontrak Maju

A customized agreement between two parties to buy or sell an asset at a specified price on a future date.

Serat EUR/USD

A term used for the EUR/USD currency pair, known for its liquidity and popularity among forex traders.

Datar

A trading term describing a situation where a trader has no open positions in the market.

Mengapung

Money temporarily present in two banking system locations due to processing delays.

Untung/Rugi Mengambang

The unrealized profit or loss of open trading positions based on current market values.

Kesepadanan

The property of a financial asset that allows it to be exchanged for another identical asset without losing value.

Margin Bebas

The available funds in a trading account for opening new positions, calculated as Equity minus Used Margin.

Analisis Mendasar

An asset’s intrinsic value evaluated by examining economic, financial, and other qualitative and quantitative factors.

Kontrak Berjangka

A standardized agreement to buy or sell an asset at a predetermined price on a specified future date, traded on regulated exchanges.

gamma

A measure of the rate of change in an option’s delta relative to changes in the underlying asset’s price, indicating the stability of an option’s delta.

PDB (Produk Domestik Bruto)

The total monetary value of all goods and services produced within a country over a specific period, used to gauge economic performance.

Rasio Gearing

A financial metric comparing a company’s debt to its equity, indicating its financial leverage and risk level.

Pasar Abu-abu

A market where financial instruments, such as stocks or bonds, are traded before their official issuance or listing on an exchange.

Margin Kotor

The percentage of revenue remaining after deducting the cost of goods sold, calculated as Gross Margin = (Revenue – Cost of Goods Sold) / Revenue × 100.

Kesenjangan

A chart pattern indicating a sudden price movement between two trading sessions with no trading activity.

gopher USD/JPY

The commonly used term for the USD/JPY currency pair, known for its volatility and ties to the U.S. and Japanese economies.

Akan Panjang

The act of purchasing an asset with the expectation that its price will increase, reflecting a bullish market sentiment.

Margin Laba Kotor

A measure of profitability showing the percentage of revenue remaining after accounting for direct production costs.

Tingkat Pertumbuhan

The percentage increase of a specific variable, such as sales or earnings, over a given period, used to assess economic or business expansion.

Tangani

A rounded number in a financial quote, representing the whole part of a price, such as 1.20 in EUR/USD 1.2050, used by traders to discuss price levels easily.

Elang dan Merpati

Terms used to describe central bank policymakers. Hawks favor tightening monetary policy to control inflation. Doves support looser monetary policy to encourage growth and employment.

Pagar

A strategy where a trader holds opposing positions in the same instrument to reduce risk. For example, holding a buy and sell position in EUR/USD. A fully hedged position means equal volumes, such as 1 lot Buy EUR/USD and 1 lot Sell EUR/USD.

Heikin-Ashi

A charting method that smooths price fluctuations, making it easier to identify market trends and potential reversals.

Uang Helikopter

An unconventional monetary policy where central banks distribute money directly to the public to stimulate the economy and increase consumer spending.

Perdagangan Frekuensi Tinggi (HFT)

A trading method that uses powerful algorithms to execute large orders at extremely high speeds, often exploiting small price differences for profit.

Tempat Lilin Palu

A bullish reversal pattern with a small body and a long lower wick, signaling potential price recovery after a downtrend.

Tempat Lilin Manusia Gantung

A bearish reversal pattern with a small body and a long upper wick, often signalling a potential price decline after an uptrend.

Dalam Uang

A term in options trading referring to an option with intrinsic value, such as a call option with a strike price below the current market price or a put option with a strike price above the current market price.

Awan Ichimoku

A technical analysis tool combining multiple indicators to identify trends, support, and resistance levels, offering a comprehensive view of market conditions.

Indeks

A measurement of the price performance of a group of shares or assets from an exchange. For example, the FTSE 100 represents the largest 100 companies on the London Stock Exchange.

Indeks

Groups of stocks or other financial instruments used to measure the performance of specific market segments, industries, or economies.

Perdagangan Indeks

The practice of speculating on the price movements of stock indices like the S&P 500 or FTSE 100, often through derivatives such as CFDs or futures.

Inflasi

The rate at which the general price levels of goods and services increase over time, reducing the purchasing power of money.

Pemesanan / Eksekusi Instan

A trade execution method in which a trader enters the market at the current bid/ask price. If the requested price is unavailable, a requote is issued, requiring trader confirmation to execute at the new price.

Minat

The cost of borrowing money or the earnings from lending it, usually expressed as a percentage of the principal amount.

Suku Bunga

The percentage charged on borrowed money or paid on savings, set by central banks to influence economic activity and inflation.

Nilai Intrinsik

The actual worth of an asset or financial instrument based on fundamental analysis, often used to evaluate options or undervalued securities.

Modal Investasi

Funds allocated to generate returns through investment in assets such as stocks, bonds, or real estate.

Penanam modal

An individual or institution that allocates capital to assets or ventures with the expectation of earning a profit or income.

IPO (Penawaran Umum Perdana)

The process by which a private company offers shares to the public for the first time, often to raise capital for growth.

Efek Januari

A market phenomenon where stock prices tend to rise in January, attributed to increased investor activity after year-end.

Obligasi Pemerintah Jepang (JGB)

Surat utang yang dikeluarkan oleh pemerintah Jepang untuk menambah modal.

JPY (Yen Jepang)

The official currency of Japan, or ¥, widely traded and considered a safe-haven asset. It is the third-most traded currency in the foreign exchange market, after the United States dollar and the euro.

Mata Uang Utama

Mata uang global yang dominan digunakan sebagai acuan dalam sistem nilai tukar.

Suku Bunga Utama

The benchmark interest rate a central bank sets, influencing economic activity and monetary policy.

Kiwi NZD/USD

The commonly used term for the NZD/USD currency pair, named after New Zealand’s national bird and symbol.

Osilator Klinger

A technical indicator combining price movements and volume to measure money flow into or out of an asset.

Opsi Ketukan

A barrier option that activates only when the underlying asset hits a specified price level, allowing traders to take advantage of price thresholds while managing risk.

Opsi Knock-Out

A financial derivative that expires automatically if the underlying asset reaches a predetermined barrier price, limiting potential losses but also capping gains once the barrier is breached.

Latensi

The time taken between placing an order and its execution. Lower latency is preferred as it reduces the risk of market movements affecting the trade before execution.

Pengaruh

A tool that allows traders to control larger positions with a smaller margin requirement, effectively borrowing funds from the broker. For example, with 100:1 leverage, a trader only needs €1,000 to trade a 1-lot (€100,000) EUR/USD position. While leverage increases profit potential, it also magnifies losses.

Likuiditas

A measure of how easily a financial instrument can be bought or sold without impacting its market price. High liquidity indicates strong market volume and ease of trading, while low liquidity makes trading more difficult and price-sensitive.

Panjang

A position where a trader is a net buyer of a specific instrument, anticipating its price will rise.

orang gila CAD/USD

The commonly used name for the CAD/USD currency pair, reflecting Canada’s national symbol, the loon bird.

Banyak

A standardized trading unit for financial instruments. In forex, one lot typically represents 100,000 units of the base currency. For example, 1 lot long EUR/USD equals buying €100,000 worth of U.S. dollars.

Jurusan

The most heavily traded currency pairs in the forex market, considered to drive global forex activity. These pairs always include the USD and one of the other seven major currencies (CAD, EUR, GBP, CHF, JPY, AUD, NZD).

Margin

The amount of money required to open and maintain a position. The margin depends on the type of contract, trade volume, and leverage the trader applies.

Peringatan margin

A warning issued by a broker when the value of open trades drops below the required margin. Traders must deposit more funds, close positions, or risk a stop-out, where trades are forcibly closed.

Tingkat Margin

A percentage measure of how much equity exceeds margin requirements, calculated as Margin Level = (Equity / Used Margin) × 100.

Pembuat Pasar

An individual or entity that provides liquidity by quoting both bid and ask prices for a financial instrument, ensuring a two-sided market.

Tatanan / Eksekusi Pasar

A trade at the current bid/ask price. If the requested price is unavailable, the system executes the trade at the next best price, potentially resulting in negative slippage (worse price) or positive slippage (better price).

Harga Pasar

Harga penawaran atau permintaan saat ini di mana suatu instrumen keuangan dapat diperdagangkan.

Lot Mikro

A trade size equal to 1/100th of a standard lot, or 0.01 lots on trading platforms, offering greater precision for smaller trades.

Banyak Mini

A trade size equal to 1/10th of a standard lot, or 0.1 lots on trading platforms, suitable for mid-sized trades.

MT4 (MetaTrader 4)

A popular electronic trading platform used by forex brokers, offering advanced charting, technical analysis, and automated trading tools.

MT5 (MetaTrader 5)

The successor to MT4, offering additional features like multi-asset trading, improved analytical tools, and expanded timeframes designed for advanced trading needs.

Banyak Nano

Ukuran lot yang lebih kecil dalam perdagangan valas, mewakili 100 unit mata uang.

Intervensi NDD (No Dealing Desk).

A trading execution model where trades are processed automatically without manual intervention from a dealing desk, ensuring faster and more transparent execution.

Pertumbuhan Pendapatan Bersih

The change in a company’s net income over a specific period. It indicates financial health and performance, with positive growth signaling profitability improvements.

Margin Laba Bersih

A profitability metric calculated as Net Profit Margin = (Net Income / Total Revenue) × 100. Expressed as a percentage, it shows how efficiently a company converts revenue into profit.

Modal Kerja Bersih

The difference between a company’s current assets and liabilities: Net Working Capital = Current Assets – Current Liabilities. Measures a company’s ability to cover short-term obligations and maintain liquidity.

Penerusan yang Tidak Dapat Dikirim (NDF)

A cash-settled forward contract often used in restricted currency trading markets. Commonly applied in forex trading to manage exchange rate risk in less liquid currencies.

Volume Nosional

Represents the total monetary value of a derivative based on its underlying asset. Used to assess the size and scale of financial instruments in a portfolio or market.

Di Luar Buku

Trades conducted outside a regulated exchange, often negotiated directly between parties, such as over-the-counter (OTC) trades.

Penawaran

The price at which a trader can buy an asset, also known as the ask price in a bid-ask quote.

Di Bursa

Trades conducted through a regulated exchange where transactions are transparent and standardized.

Volume Seimbang (OBV)

A momentum indicator that uses volume flow to predict changes in stock prices, calculated by adding or subtracting volume based on price direction.

OPEC

Organization of the Petroleum Exporting Countries; a group of oil-producing nations coordinating production policies to stabilize oil markets and influence prices.

Buka

The starting price of a financial instrument at the beginning of a trading session.

Posisi Terbuka

Active trades that have not yet been closed or settled, exposing a trader to market risk.

Pilihan

A financial derivative that gives the holder the right, but not the obligation, to buy or sell an asset at a predetermined price before or on a specified expiration date.

Pilihan Menyebar

A strategy involving the simultaneous buying and selling of options on the same asset with different strike prices or expiration dates to hedge risk or enhance profit potential.

Buku Pesanan

A real-time list of buy and sell orders for a financial instrument, showing the number of shares, lots, or contracts at each price level.

Memesan

An instruction from a trader to a broker or platform to buy or sell a financial instrument at a specific price or under certain conditions.

OTC (tanpa resep)

A decentralized marketplace where financial instruments are traded directly between parties through broker-dealer networks, bypassing centralized exchanges.

Kehabisan Uang

An option with no intrinsic value, such as a call option with a strike price above the current market price or a put option with a strike price below the current market price.

Eksposur berlebihan

A condition where a trader or portfolio is excessively weighted in a particular asset or market, increasing risk from adverse price movements.

Pendapatan Operasional

A company’s earnings after deducting operating expenses such as salaries, utilities, and rent before accounting for taxes or interest.

Margin Operasi

A profitability metric that shows the percentage of revenue remaining after covering operating costs, used to assess financial health and operational efficiency.

Berlebihan dibeli

A condition where an asset’s price exceeds its fundamental value or typical trading range due to prolonged buying, often signaling a potential price correction.

Dijual berlebihan

A condition where an asset is undervalued due to prolonged selling pressure, potentially indicating a price rebound or upward trend.

Pesanan Tertunda

An order set to execute at a specified future price. Types include Buy Limit, Buy Stop, Sell Limit, and Sell Stop. Traders can attach stop loss and take profit levels to pending orders.

Pip

The smallest price movement in forex trading. They represent a standardized unit of change in a currency pair, typically 0.0001 for most pairs.

Nilai Pip

The monetary value of a 1-pip movement in a trade. For example, a 1 Lot EUR/USD trade has a pip value of 10 USD.

Intinya

A unit equal to 1/10th of a pip. For most forex pairs, it represents the 5th decimal place (e.g., 0.00001), and for JPY pairs, the 3rd decimal place (e.g., 0.001).

Perdagangan Pra-Pasar

Trading securities before the official market opens, usually for 1.5 hours before the opening bell, allowing investors to react to news and events.

Kemunduran

A temporary decline in asset prices after a period of gains, often viewed as a healthy market correction within an ongoing trend.

Pelonggaran Kuantitatif (QE)

A monetary policy tool central banks use to stimulate the economy by purchasing government bonds or other financial assets to increase money supply and lower interest rates.

Mata Uang Penawaran

The second currency in a currency pair quotation representing the amount required to purchase one unit of the base currency. For example, in EUR/USD, the USD is the quote currency.

Kutipan

The most recent price at which an asset was traded, reflecting the agreed-upon value between buyers and sellers.

Rasio Cepat

A liquidity metric measuring a company’s ability to cover short-term liabilities using its most liquid assets. Formula: Quick Ratio = (Current Assets – Inventory) / Current Liabilities.

Reli

A rapid increase in the price of an asset or market after a period of decline, often driven by strong buying momentum.

Teori Jalan Acak

A financial theory suggesting that asset prices move unpredictably and are unaffected by past movements, making them impossible to consistently predict.

Jangkauan

The difference between an asset’s highest and lowest prices within a specific period, often used to assess market volatility.

Tingkat Pengembalian

The percentage gain or loss on an investment over a specific period. Formula: Rate of Return = (Current Value – Initial Value) / Initial Value × 100.

Rasio Penyebaran

An options trading strategy involving an unequal number of long and short positions to capitalize on expected price movements while limiting risk.

Cadangan

Funds or assets set aside by businesses or governments to cover future obligations, stabilize operations, or meet unexpected expenses.

Tingkat Resistensi

A price level in technical analysis where strong selling pressure prevents further upward movement in the market price.

Pembalikan

A change in the direction of a trend, where an upward trend turns downward or a downward trend turns upward, indicating a potential shift in market sentiment.

Penawaran Umum Terbatas

A fundraising method where a company offers additional shares to existing shareholders at a discounted price, often to raise capital.

Penilaian Risiko

Identifying and analyzing potential risks in an investment or portfolio to understand their impact and develop mitigation strategies.

Manajemen Risiko

A systematic approach to minimizing potential losses in trading through techniques like stop-loss orders, diversification, and proper position sizing.

Mitigasi Risiko

Strategies such as hedging or diversifying investments are implemented to reduce the likelihood and severity of potential losses.

Pemantauan Risiko

The ongoing process of tracking and evaluating risks in an investment or portfolio to ensure they remain within acceptable levels.

Berguling

The extension of a financial instrument’s maturity date by closing and reopening the same position at a future date, commonly used in forex trading.

RNS (Layanan Berita Regulasi)

A platform companies listed on the London Stock Exchange use to release regulatory and financial updates to investors.

ROCE (Pengembalian Modal yang Digunakan)

A profitability metric evaluating how efficiently a company uses its capital to generate profits. Formula: ROCE = EBIT / Capital Employed × 100.

RSI (Indeks Kekuatan Relatif)

A momentum indicator in technical analysis measuring the speed and change of price movements to identify overbought or oversold conditions.

Scalping

A high-frequency trading strategy focused on making small profits from short-term price movements.

Batas Jual

An order to enter a short position at a price higher than the current market price, triggered when the bid price reaches the specified level.

Jual Berhenti

An order to enter a short position at a price lower than the current market price, triggered when the bid price reaches the specified level.

Pendek

A position where a trader is a net seller of a specific instrument, expecting its price to fall.

Jual Pendek

A strategy where an investor borrows and sells an asset, aiming to repurchase it at a lower price to profit from the decline.

Selipan

The difference between the requested price and the actual execution price of a trade, which can result in negative or positive slippage.

Lonjakan

Pergerakan pasar yang tiba-tiba dan signifikan dalam waktu singkat.

Tempat

The current market price of a financial instrument, such as a currency or commodity, for immediate delivery and settlement.

Selisih harga

Perbedaan antara harga bid (jual) dan harga beli (ask) suatu instrumen keuangan.

Hentikan Kerugian

Alat untuk membatasi kerugian dengan menutup perdagangan secara otomatis pada tingkat yang telah ditentukan sebelumnya.

Penutupan paksa

An automated system that closes trades when the Margin Level Percentage falls to or below 40% to prevent the account balance from going negative.

Pemecahan Saham

A corporate action that increases the number of a company’s shares by reducing their price per share without changing the overall market value.

Simbol Saham

A unique identifier for a publicly traded company’s stock consisting of letters or a combination of letters and numbers.

Tingkat Dukungan

A price level where strong buying demand prevents the market price from dropping further.

Nilai Tukar

Interest fees charged or earned for holding a trading position overnight, based on the interest rate differential between the two currencies in a forex pair or underlying assets.

Swiss

Istilah yang umum digunakan untuk pasangan mata uang CHF/USD.

Ambil Untung

A tool automatically closing a profitable trade at a pre-set price, executed using Limit Execution.

Jangka Waktu / Mata Uang yang Dikutip

The second currency in a currency pair quotation. For example, in EUR/USD, the term currency is USD.

Centang

The smallest price movement for a non-FX instrument. For example, if XAU/USD moves from 100.00 to 100.01, it has increased by 1 tick.

Jejak Berhenti

A dynamic stop loss that adjusts with the market while moving in the trade’s favor but locks in gains if the market reverses.

Analisis Teknis

A method of evaluating securities by analyzing price movements, patterns, and trading volumes to predict future trends.

Nilai Waktu dari Uang

A financial principle stating that money available today is worth more than the same amount in the future due to its earning potential.

Zona Waktu Perdagangan

The operational hours of financial markets in different regions, affecting global trading activity and liquidity.

Jam Perdagangan

Refers to when financial markets are open for trading activities. These hours vary depending on the asset class and global markets involved.

Volume Perdagangan

The total number of shares or contracts traded for a specific security within a given period, used to gauge market activity and sentiment.

Garis tren

A technical analysis tool that connects significant price points on a chart to determine the direction and strength of a trend.

Aset Dasar

The primary financial instrument or security that determines the value of a derivative, such as a stock, bond, or commodity.

Stok yang Tidak Dapat Dipinjamkan

Shares unavailable for lending to short sellers, making traditional short selling impossible when a company’s stock becomes unborrowable.

Terbalik

The potential for a positive or favorable price movement in a security, trade, or market trend.

Tren naik

A market condition characterized by higher highs and higher lows, indicating bullish sentiment.

Nilai Berisiko (VaR)

A statistical measure estimating the potential loss in value of an investment or portfolio over a defined period, given a specific confidence level.

Penilaian

The process of determining the current worth of an asset or company using methods such as market comparisons, discounted cash flow, or projected income.

Biaya Variabel

Expenses that change directly with a company’s production levels, increasing with higher output and decreasing when production slows.

VIX (Indeks Volatilitas Cboe)

A real-time index measuring market expectations for volatility over the next 30 days, commonly called the “fear gauge.”

Volatilitas

The degree of variation in the price of a financial instrument or market over time, often used to assess risk.

Volume

The total number of shares, contracts, or lots traded for a financial instrument during a specific period, indicating market activity and liquidity.

Wall Street

The historic financial district in New York City, home to major stock exchanges such as the NYSE and NASDAQ, and a symbol of the U.S. financial industry.

Surat perintah

A financial instrument granting the holder the right, but not the obligation, to buy or sell an underlying asset at a specified price before expiration.

Rata-rata Tertimbang

A calculation assigning varying levels of importance to data points, ensuring that more significant values contribute more to the final result.

Menengah Texas Barat (WTI)

A grade of crude oil used as a benchmark for oil prices, primarily sourced and traded in the U.S., known for its high quality and low sulfur content.

Pemotongan Pajak

A tax deducted at the source of income payment, commonly applied to dividends, interest, or other earnings paid to recipients.

Perintah Kerja

A pending trade instruction set to execute when specific conditions, such as a target price, are met in the market.

XCD (Dolar Karibia Timur)

The official currency of eight Eastern Caribbean countries, represented by the symbol EC$.

Xenocurrency

A foreign currency traded in markets outside its country of issuance, commonly referred to as a “foreign currency.”

XRT

The ticker symbol for the SPDR S&P Retail ETF, which tracks the performance of stocks in the retail sector.

Dari Awal Tahun (YTD)

The period beginning on the first day of the calendar or fiscal year and continuing up to the current date, often used for performance comparisons.

Year-over-Year (YOY)

A comparison of financial performance or data between the same periods in consecutive years, typically expressed as a percentage change.

Dasar Imbal Hasil

A measure of return on an investment relative to its cost or current market value, expressed as a percentage.

Skor Z

A statistical measure assessing how far a data point is from the mean in a data set, commonly used to evaluate volatility and risk in trading.

Zakat

An Islamic financial obligation requiring eligible individuals to donate a portion of their wealth annually to charitable causes, promoting social equity.

Kenaikan Nol

A scenario where a security is bought at the same price as the previous trade but higher than before, reflecting incremental price increases.