https://kudo.com/_next/static/chunks/5089.50d371fc9c7e46fb.js

1!function(){try{var e="undefined"!=typeof window?window:"undefined"!=typeof global?global:"undefined"!=typeof globalThis?globalThis:"undefined"!=typeof self?self:{},t=(new e.Error).stack;t&&(e._sentryDebugIds=e._sentryDebugIds||{},e._sentryDebugIds[t]="e2ee8e86-ca28-487a-813e-e446cf16e3e9",e._sentryDebugIdIdentifier="sentry-dbid-e2ee8e86-ca28-487a-813e-e446cf16e3e9")}catch(e){}}();"use strict";(self.webpackChunk_N_E=self.webpackChunk_N_E||[]).push([[5089],{55089:e=>{e.exports=JSON.parse('{"seo":{"title":"Placing Your First Trade Cheat Sheet | Kudo Academy","description":"A free one-page reference for order types, reading candlesticks, support and resistance, stops and targets, and position sizing."},"title":"Placing your first trade cheat sheet","intro":"The key points from the Placing Your First Trade path on a single page. Use it as a quick reference at the chart. It is educational and general in nature, not investment advice.","sections":[{"heading":"Order types","items":["Market order: fills now at the best available price, so execution is certain but the exact price is not (slippage).","Pending order: waits for a price you set in advance, and can be cancelled while it waits.","Limit orders wait for price to come back to a better level; stop orders wait for price to push through a level.","Buy limit sits below price, sell limit above, buy stop above, sell stop below."]},{"heading":"Reading candlesticks","items":["Each candle shows four prices: open, high, low and close (OHLC).","The body spans the open and the close; the wicks reach out to the high and the low.","A close above the open is bullish; a close below the open is bearish.","The timeframe sets how much trading each candle covers."]},{"heading":"Support and resistance","items":["Support: a lower area where buying has slowed declines, like a floor.","Resistance: an upper area where selling has capped advances, like a ceiling.","Treat them as zones rather than exact lines.","A broken level can switch roles: former resistance can begin to act as support."]},{"heading":"Stops and targets","items":["A stop-loss closes a trade to cap the loss once price reaches a level you set.","A take-profit closes a trade to secure a gain at a target you set.","Set both before you enter, while you are calm.","Many traders place them around market structure rather than round numbers."]},{"heading":"Position sizing","items":["The distance from entry to stop-loss is the loss accepted if the level breaks.","Position size is chosen so that loss stays within a limit you set in advance.","Pip value times the stop distance times the size gives the money at risk."]}]}')}}]);