Trader's Glossary

Black Swan

An unexpected event with sudden and damaging impact on the markets. The term was popularised by finance professor and former Wall Street trader Nassim Nicholas Taleb.
Did you know?

Papyri PCZ I 59021, which dates back to 259/8 B.C., shows the exchange of coinage in ancient Egypt.

Word of the day
"Risk/Reward (R/R)" - A ratio that compares the expected returns of an investment to the amount of risk that an investor undertakes.
Pro Tip

Most market activity occurs when at least two market centres are open at the same time.

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