Trading Basics
LOT
A standardised FX transaction size equal to 100,000 of the base currency.
Other Trading Basics
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.
Chart Patterns
Technical analysts use repeatable chart patterns to try to spot changes or continuations in participant sentiment.
Bear Raid
When bears team up to push the price of a security down, normally by short selling and/or rumours.
This is illegal.
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Learn the skills needed to trade the markets on our Trading for Beginners course.
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