Trading Basics
WTI
West Texas Intermediate oil is a type of oil. Because of its constituent elements and cost to transport, it can differ in price to other oil types, like Brent Crude.
Other Trading Basics
Bear Market
A Bear Market occurs when the price of a security is falling, and the negative outlook of the security causes the security’s price to continue to fall, causing a self-sustaining problem.
For a downturn like this to be officially considered a bear market, it must be on-going for longer than two months, otherwise it is known as a correction.
Bears are generally traders with a pessimistic view on markets that look to profit from a decline in prices.
Bull Market
A Bull Market is any financial market where prices are rising or are expected to rise.
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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Learn the skills needed to trade the markets on our Trading for Beginners course.