Trading Basics
Long Position
When a trader is betting the price will rise, they will take a long position.
Other Trading Basics
ADR
American Depositary Receipts or ADRs. These are shares of foreign companies listed on exchanges in the USA in dollars.
They allow US investors to get access to overseas shares without the hassle of having to exchange currency, open brokerage accounts overseas and so on.
Bollinger Bands
A technical indicator developed by John Bollinger.
The bands help a trader visualise changes in price volatility.
Taught in our Technical Trading course.
