Trading Basics
Dutch Auction
An auction process where the price starts high and is gradually lowed. Very useful when auctioning bond issues.
Other Trading Basics
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.
Annuity
A guaranteed income for the rest of someones life.
Historically purchased with pension lump sums.
The buyer is swaping cash now for future income.
Chartist
A market participant or commentator that uses charts to analyse the price of a security.
Start learning
Learn the skills needed to trade the markets on our Trading for Beginners course.
