Trading Basics
DJIA
Dow Jones Industrial Average. An index of 30 large US blue chip shares.
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%.
Asian Session
When the majority of Asian markets are open and trade.
Typically 23:00 to 08:00 GMT.
Balance
A summarised financial result of all funds deposited in, and withdrawn from the customer’s account, and of all closed positions in that account.
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Learn the skills needed to trade the markets on our Trading for Beginners course.