Trading Basics
Day Trader
Someone that trades in a short term time horizon. Typically, not leaving opening positions overnight.
Other Trading Basics
Contango
This is when the futures price of a security is above the cash price at maturity. The opposite is backwardation.
Abnormal Market Conditions
A term used by brokers to describe a rapidly moving or thinly traded market.
Depending on the terms and conditions, this allows brokers to examine and possibly change trades placed during these conditions.
Start learning
Learn the skills needed to trade the markets on our Trading for Beginners course.