Balance

Trading Basics

Balance

A summarised financial result of all funds deposited in, and withdrawn from the customer’s account, and of all closed positions in that account.

Other Trading Basics

ADR

American Depositary Receipts or ADRs. These are shares of foreign companies listed on exchanges in the USA in dollars.

They allow US investors to get access to overseas shares without the hassle of having to exchange currency, open brokerage accounts overseas and so on.

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Averaging Down

Once an initial long trade is place this is the practice of opening additional positions at a lower price with the view of bringing the average opening price of the position down.

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