Trading Basics
Currency Options
A option is the right to buy or sell something in the future but not the obligation. A currency option is on an FX market.
Other Trading Basics
Credit Account
For those with excellent credit some brokers will provide a credit account. This means the trader puts up less margin.
Contingent Orders
Orders that instruct a broker to another action if filled. The typical action is to place a stop or limit order on the trade.
Bear Trap
When a piece of analysis points to the market falling and the price instead goes up, trapping the bears.
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