Trading Basics
Eurodollars
Dollar denominated deposits held outside the US, and thus outside the control of the US federal reserve. These deposits don’t have to be held in the euro area.
Other Trading Basics
Carry Trade
A forex trading strategy of borrowing funds in a low-interest rate currency and buying assets in higher yielding currency.
For years this was selling Yen to buy Dollars.
Credit Account
For those with excellent credit some brokers will provide a credit account. This means the trader puts up less margin.
Buy Stop
An order type where the trader wishes to go long above the current market price.
Start learning now
Learn the skills needed to trade the markets on our Trading for Beginners course.
Register Now
[formidable id=11]
