Trading Basics
Cyclical Shares
Equities that follow the economic cycle. For example banking shares typically rise and fall with a cycle.
Other Trading Basics
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.
Asian Session
When the majority of Asian markets are open and trade.
Typically 23:00 to 08:00 GMT.
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