Trading Basics
Elliot Wave Theory
A theory about how markets behave.
Other Trading Basics
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.
ABS
Asset-backed securities.
These are securities backed by assets, like mortgages, which are claimable if the creditor defaults.
At The Money
A term used in options trading where the strike price of the option is similar to the current underlying spot price of the instrument.
Start learning
Learn the skills needed to trade the markets on our Trading for Beginners course.
