Day Order

Trading Basics

Day Order

When a trader places and order that is open for the day. If the price is not hit during that day the order expires.

Other Trading Basics

Carry Trade

A forex trading strategy of borrowing funds in a low-interest rate currency and buying assets in higher yielding currency.

For years this was selling Yen to buy Dollars.

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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.

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Bottom Up Analysis

A form of fundamental analysis which starts with analysis of the individual parts.

Bottom up analysis of an index would involve the analysis of each company in that index.

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