RALLY DEFINITION
- George Solotarov
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A rally is a period in which the price of an asset, market or index sees sustained upward momentum. Typically, a rally will arrive after a period in which prices have been flat or in a decline.
TRADING PLAN DEFINITION
- George Solotarov
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A trading plan is a strategy set by the individual trader in order to systemize the evaluation of assets, risk management, types of trading, and objective setting. Most trading plans will comprise two parts: long-term trading objectives, and the route to achieving them.
TREASURY STOCK DEFINITION
- George Solotarov
- Hits: 10103
Treasury stock is the portion of a company’s shares that it keeps in its own treasury. The shares do not count towards the total amount of outstanding shares listed, and neither pay dividends nor carry voting rights (because a company cannot pay itself, or own itself).
TOM-NEXT DEFINITION
- George Solotarov
- Hits: 9317
Tom-next is short for ‘tomorrow-next day’, which is a short-term forex transaction that enables traders to simultaneously buy and sell currency over two separate business days: tomorrow, and the next day.
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