Trader's Glossary

Boiler Room

Initially used in reference to fraudulent brokerages set up with the purpose of offloading unwanted securities of the firm’s owners, the term is now synonymous with companies that employ high-pressure selling tactics while also misrepresenting the products that they offer.
Did you know?

Many consider the year 1880 A.D. to mark the beginning of modern foreign exchange. The reason for this is that it was during this year that the gold standard was first introduced.

Word of the day
"Period" - A standardised unit of time when monitoring an asset.
Pro Tip

Stable Internet connection is a pre-requisite for trading.

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