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.
Currency Futures
A future is an agreement to buy or sell something at future point in time. A currency future is when that agreement is on an FX market.
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