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.

 

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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.

 

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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).

 

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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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Tangible assets are the assets on a company's books and balance sheets that have a physical form. They comprise the machinery, office equipment and buildings used by a company (fixed assets) and of the materials that are used in producing products (current assets).

 

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Unborrowable stock is the stock that no one is willing to lend out to short-sellers. When shares in a company become unborrowable, the traditional means of short selling them is impossible.

 

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VIX is short for the Chicago Board Options Exchange Volatility Index. It is a measure used to track volatility on the S&P 500 index and is the most well-known volatility index on the markets.

 

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A working order is a general term for either a stop or limit order to open. It is used to advise your broker to execute a trade when an asset reaches a specific price.

 

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