An asset’s closing price is the last level at which it was traded on any given day. This price is often determined by an auction.

 

A chartist is a trader who relies predominantly on charts to help them understand a financial instrument’s historical price movements, in order to better predict and to speculate on its future performance. They are also commonly known as technical analysts or technical traders.

 

Cash flow is the amount of money coming into and going out of a company’s accounts, as reported in earnings announcements. It can refer to a single project or the entire business.

 

When a trader sells an asset at a lower price than they initially paid for it, they have incurred a capital loss. As such, the capital loss is the opposite of capital gain: the profit made when an asset is sold for more than originally paid.

 

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