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
"Spread Betting" - The practice of betting on the price movement of a specific currency pair without buying or selling it.
Pro Tip

There is no get-rich-quick formula. If someone promises you one, take a step back, and then run as far away from them as possible.

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