Trader's Glossary

Black Wednesday

Slang term for September 16, 1992, when George Soros broke the Bank of England, earning himself over $1 billion while causing the British government to withdraw the pound from the European Exchange Rate Mechanism.
Did you know?

In terms of trading volume, the FX market is by far the largest market in the world.

Word of the day
"Golden Cross" - A chart pattern depicting an asset’s short-term moving average crossing its long-term moving average.
Pro Tip

Try to stay away from bucket shops.

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