Trading Basics
EBITDA
Earning Before Interest Tax Depreciation and Amortization. A profit measure of a company that approximates to cash earned before financing and capital purchases.
Other Trading Basics
Black Box Trading
Also referred to as automatic or algorithmic trading.
The trader does not need to see the system in operation, in effect its a black box.
Credit Account
For those with excellent credit some brokers will provide a credit account. This means the trader puts up less margin.
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