Trading Basics
Contract Length
The length of time a contract is open until it expires.
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.
Bear Trap
When a piece of analysis points to the market falling and the price instead goes up, trapping the bears.
Balance of Payments
Also BoP. This is the difference between payments into or out of a country. It can be negative or positive and is used by traders in fundamental analysis.
Start learning
Learn the skills needed to trade the markets on our Trading for Beginners course.
