If you’re new to trading, here’s what you need to know about basic terms. Long and short are two opposite sides of the same coin. **Long** is when you buy an asset expecting its price to rise, and you sell it for more. **Short** works the other way around—you sell in the hope of buying later at a lower price. You can make money on both; the main thing is to correctly guess the direction.

Now, about protection. **Stop** is not just a word—it’s your lifeline. You place a stop order at a certain price level, and if the market moves against you, the position closes automatically. That’s how you limit losses. **Take-profit** works with a different goal: it’s an order you place in advance to lock in profit when the price reaches the level you need.

**ТВХ** is the entry point into a position, meaning the price at which you open a trade. This is a key moment because the whole calculation depends on it. When you plan a **сетап**, it’s a working scenario where you have **ТВХ**, a **stop**, and **take-profits**. Together, it all needs to work as a single system.

Two more important concepts. **МТФ** and **СТФ** are the junior and senior timeframes. Experienced traders look at several time intervals at once to better understand the trend. And here’s what often confuses beginners—a **trap**. This is when the market issues a false signal: it seems the asset will rise or fall, but then it unexpectedly reverses. **Коррекция** is a natural price move against the current trend. Don’t panic when you see a correction—it’s a normal part of market life.