Trading Basics
Dove
Refers to someone that is relaxed about leaving interest rates low; opposite to a hawk.
Other Trading Basics
Contango
This is when the futures price of a security is above the cash price at maturity. The opposite is backwardation.
Book Value
A valuation of something using its net assets on the balance sheet.
A very rough way of valuing an asset because it ignores the intangibles.
Start learning
Learn the skills needed to trade the markets on our Trading for Beginners course.