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
Bear Raid
When bears team up to push the price of a security down, normally by short selling and/or rumours.
This is illegal.
Credit Rating
An entities perceived ability to repay its debt. Provided by credit rating agencies. AAA is the best credit rating.
Circuit Breaker
When exchanges stop the trading in a security that has fallen significantly.
This is done to stop an uncontrollable panic.
