Trading Basics
Closing Trade
A trade to close a position. Most trading requires the trader to place the opposite trade to that done when opening their position.
This will crystallise the profit or loss.
Other Trading Basics
Bear Trap
When a piece of analysis points to the market falling and the price instead goes up, trapping the bears.
Book Value
A valuation of something using its net assets on the balance sheet.
A very rough way of valuing an asset because it ignores the intangibles.
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