Trading Basics
Base Currency
The first currency quoted in a forex pair.
Other Trading Basics
Chart Patterns
Technical analysts use repeatable chart patterns to try to spot changes or continuations in participant sentiment.
Alpha
This is a measure of price performance vs a benchmark.
If a trader makes 10% per annum and the index makes 7% the trader has an alpha of 3%.
Start learning
Learn the skills needed to trade the markets on our Trading for Beginners course.
