Trading Basics
Draw Down
The amount the equity balance in a trading account falls by, either in a trade or time period.
Other Trading Basics
Broker
Provides access to the financial markets for traders.
Brokers come in all shapes and sizes.
Balance of Payments
Also BoP. This is the difference between payments into or out of a country. It can be negative or positive and is used by traders in fundamental analysis.
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Learn the skills needed to trade the markets on our Trading for Beginners course.