Trading Basics
GFD
An order type that is ‘Good For the Day’. If not filled it will expire at the end of the trading day.
Other Trading Basics
BoE Rate Decision
The Bank of England’s interest rate decision is announced following the meeting of its monetary policy committee, which meets eight times a year.
Credit Rating
An entities perceived ability to repay its debt. Provided by credit rating agencies. AAA is the best credit rating.
Contrary Opinion
An approach to trading where traders take the opposite view and therefore the position of the retail participants in a market.
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