Trading Basics
Double Bottom
A price pattern forming at the bottom of a trend, interpreted by technical analysts as suggesting a reversal in price.
Other Trading Basics
Black Box Trading
Also referred to as automatic or algorithmic trading.
The trader does not need to see the system in operation, in effect its a black box.
Bid
Traders can go short at the bid price.
The terminology is from the broker point of view, they are bidding to buy from you.
Start learning now
Learn the skills needed to trade the markets on our Trading for Beginners course.