Trading Basics
Whipsaw
When the price in a market is volatile it can create a scenario when a trader goes one direction, gets stopped out, only for the price to return to where it would have been profitable.
Other Trading Basics
BoE Rate Decision
The Bank of England’s interest rate decision is announced following the meeting of its monetary policy committee, which meets eight times a year.
Annual Report
The annual audited full year accounts of a particular company along with statements from the Chairman and Chief Executive.
Poured over by analysts for any gems.
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.
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