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 market share of the top 10 FX players globally reaches 80%.

Word of the day
"Shadow" - Shadows are the thin lines above and below the real body of candlesticks which display the high/low price range. Shadows are also called Wicks.
Pro Tip

pip value in quote currency = pip in decimal places X trade size