How To Articles

To haggle is a process that involves two parties of the transaction trying to negotiate the best price possible. The buying side is trying to lower the price as much as possible and the selling side is trying to leave the price as high as possible. the process of haggling can go on until the price is negotiated and accepted by both of the sides.

Xenocurrency is a term that is used to describe a currency that circulates on the markets outside of its domestic zone. But with xeno- having negative connotation in our minds the term foreign currency is used more often.

Yo-yo is a slang term that is often used in order to describe an extremely volatile market conditions. The name comes from the children’s toy yo-yo that is constantly going up and down, just like the securities in this type of market. A yo-yo market has no featured of the up or down market as the securities in it has high and low swings which make it the most difficult to hold onto the assets in it.

BerkShares is a type of currency which is only accepted in western Massachusetts. It was initially introduced in order to attract the people to support and buy local. Shares come in 1, 5,10, 20 and 50 bills and can be exchanged to the US dollar in one the 16 existing exchange points.

U-Shaped recovery is a type of recession-recovery relations that form a U when the movements are placed un the chart. It can be seen in the charts that represent employment rate, GDP and output of the industry.

Resistance level is a term that defines the price level of the asset where the price is held down by the number of traders who want to sell the asset at the moment. Resistance can be both short and long, as it is determined by the current trends in the market.