Trading Basics
Contrary Opinion
An approach to trading where traders take the opposite view and therefore the position of the retail participants in a market.
Other Trading Basics
Close A Position
When a trader places a trade to reduce their position to zero.
They are closing their position.
At The Money
A term used in options trading where the strike price of the option is similar to the current underlying spot price of the instrument.
Book Building
When a new share is issued book building is the process institutions go through to gauge demand and therefore price.
This goes on before the share is available to trade on the exchange.
Start learning
Learn the skills needed to trade the markets on our Trading for Beginners course.