Trading Basics
Day Trader
Someone that trades in a short term time horizon. Typically, not leaving opening positions overnight.
Other Trading Basics
Alpha
This is a measure of price performance vs a benchmark.
If a trader makes 10% per annum and the index makes 7% the trader has an alpha of 3%.
Cable
Another name for the GBP – USD exchange.
Around half a trillion dollars is traded between the two currencies everyday, making it the third most popular currency pair to trade in behind EUR – USD and USD – JPY.
Cash or Spot Market
Also known as a spot market, cash markets are different to futures contracts, as commodities are traded immediately for cash at the current market price.
Start learning now
Learn the skills needed to trade the markets on our Trading for Beginners course.
Register Now
[formidable id=11]
