Trading Basics
Day Trader
Someone that trades in a short term time horizon. Typically, not leaving opening positions overnight.
Other Trading Basics
ABS
Asset-backed securities.
These are securities backed by assets, like mortgages, which are claimable if the creditor defaults.
Close A Position
When a trader places a trade to reduce their position to zero.
They are closing their position.
Averaging Down
Once an initial long trade is place this is the practice of opening additional positions at a lower price with the view of bringing the average opening price of the position down.
Start learning
Learn the skills needed to trade the markets on our Trading for Beginners course.
