Trader's Glossary

Day Trading

The practice of buying and selling an asset within a single trading day, usually with the use of very high leverage, so as to benefit from relatively small price movements during market fluctuations.
Did you know?

The GBP/USD pair is widely referred to as “cable”. The term dates back to the 19th century, during which the exchange rate between the U.S. dollar and the British Pound was transmitted across the Atlantic via a huge cable that ran across the ocean floor and connected the two countries.

Word of the day
"Broadening Formation" - A chart pattern that is observed when there is significant increase in the price movements of a currency pair, yet without a clear direction.
Pro Tip

Never open a trading account with a non-regulated broker.