Trading Basics
Bank of England
The UK’s central bank responsible for setting interest rates for Sterling and maintaining stability in the UK’s financial industry.
Other Trading Basics
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.
Cost of Carry
The cost to a trader of maintaining a position. This might be in form of overnight financing on simple CFD trades but can also include the costs to insure, transport or finance on more complex trades.
Bear Trap
When a piece of analysis points to the market falling and the price instead goes up, trapping the bears.
Start learning
Learn the skills needed to trade the markets on our Trading for Beginners course.
