Trading Basics
Forex
Shorthand for foreign exchange trading. When one country’s currency is traded for another.
Other Trading Basics
Chartist
A market participant or commentator that uses charts to analyse the price of a security.
What is a Central Bank
A central bank or monetary authority is a monopolised and often nationalised institution given privileged control over the production and distribution of money and credit.
Bid-Ask Spread
The difference between the price the trader and buy at and the price they can sell at.
Also bid-offer spread. The wider the spread, the more the trader pays, reactively.
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