Trading Basics
ETFS
Exchange Traded Fund. An investment fund traded on a recognized exchange. The fund can give the investor exposure to a certain sector, index or risk. The investor just has to make one purchase of the fund and not all the underlying investments.
Other Trading Basics
Close A Position
When a trader places a trade to reduce their position to zero.
They are closing their position.
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.